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The American Farm Bureau Federation (AFBF), more informally called the American Farm Bureau (AFB) or simply the Farm Bureau, is a United States–based 501(c)(5) tax-exempt agricultural organization and lobbying group. [1] Headquartered in Washington, D.C., the Farm Bureau has affiliates in all 50 states and Puerto Rico. Each affiliate is a ...
Taxpayers are exempt from Arkansas income tax, and residents of Texarkana, Texas are exempt from Arkansas income tax from any income earned within the city limits of Texarkana, Arkansas. [48] Sales and use taxes in Arkansas are voter approved and collected by the DFA. Arkansas's statewide sales and use tax has been 6.5% since July 1, 2013. [49]
After a nonprofit environmental and conservation organization has been established at the state level, it typically applies for tax exempt status with U.S. federal income tax. [4] Failure to maintain operations in conformity to the laws may result in an organization losing its tax exempt status.
A number of diseases and pests pose threats to rice cultivation within the state of Arkansas. One such culprit, Pyricularia grisea , commonly known as rice blast, is an invasive fungus that spreads primarily through infected rice stubble from the prior year, related host species and even sometimes infected seed. [ 16 ]
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The economy of Arkansas produced $176.24 billion of gross domestic product in 2023. [1] Six Fortune 500 companies are based in Arkansas, including the world's #1 corporation by revenue, Walmart. [8] Arkansas's per capita income for 2023 was $54,347, and the median household income was $55,432, which ranked 47th among U.S. states. [2] [9]
The Agricultural Stabilization and Conservation Service (ASCS) was an agency of the United States Department of Agriculture. It administered programs concerning farm products and agricultural conservation. It granted loans to farmers; purchased farm products from farmers and processors; administered land allotment and marketing quota programs ...
The Employer Identification Number (EIN), also known as the Federal Employer Identification Number (FEIN) or the Federal Tax Identification Number (FTIN), is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to business entities operating in the United States for the purposes of identification.