re: Crawfish farmers are making a killing off disaster relief program.

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they all claim it was someone else that caused the IRS to crack down on them because of the rampant under-reporting of income. It's been mentioned a few times, but not one person has addressed it

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It wasn’t the irs that did that it was the growth of the market. The buyers/end users couldn’t pay the amount cash needed anymore
And it easy to hide cash for 100acres than 1000acres

Then the Covid payment happened and the guys who were hiding income lost out on money and that even decreased it more

Some of those ponds are huge. We tend to have to lease crawfish ponds for a percent of the rice crop and cash per acre on the crawfish. The crawfish farmer tends to report whatever part of his production that he likes.

I suppose that some commercial producers would be getting checks, but my farm clients like that green money and I am fairly sure most would not sell if the buyer wanted to give them a check and required a social security number for a 1099.

Don't take my comments as disputing you. I just wonder how those cash guys can show anything to support any given production number.

Yeah that’s fair comments. The guys that get paid cash can’t show anything to get subsidies. So farmers that are getting subsidies have to have a paper trail, like a check so they can prove if they get audited

Yes that is what I expected. I was just wondering if this would turn into a sort of typical government "give us your best estimate" number to get a subsidy.
If you deal in cash, you are in sort of live by the sword, die by the sword situation.

Don't get cocky. You may know how your part of that business works but I have a pretty good insight on how other people handle it. I assume that in larger operations, the deal is more like seafood sales on the dock where the seller gets a check and a 1099. But I know of quite a few people who do this on a cash basis. And by the way, they struggle to find ways to use the cash once it starts to accumulate, although a lot of them know people that will help them with that.

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As usual, another clown show in a crawfish thread. The same old thing over and over on here.

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Simple solution, stop eating those pond scavengers. The welfare farmers go bye bye, so do the snowball stands gouging consumers for boiled crawfish. The crawfish enigma is one of the more stupefying aspects of our culture. Our ancestors ate them out of necessity. They'd be pretty disappointed with us sitting in idling cars at snowball stands for hours to pay stupid prices for boiled shite in a bag.

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Don't get cocky. You may know how your part of that business works but I have a pretty good insight on how other people handle it. I assume that in larger operations, the deal is more like seafood sales on the dock where the seller gets a check and a 1099. But I know of quite a few people who do this on a cash basis. And by the way, they struggle to find ways to use the cash once it starts to accumulate, although a lot of them know people that will help them with that

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Ok expert - explain the crawfish/ rice farming world to me

Who’s committing fraud? Explain to me in detail

The ones selling crawfish for cash can’t get the ELAP subsidy, that’s what this conversation is about don’t bring in something that doesn’t pertain to this with farm exempt stuff. That’s a different story. Every industry has its problems but it seems like this board just focuses on the Crawfish Industry.

It wasn’t even directed to you. You just chimed in on a conversation that you didn’t even know what we were taking about. We were talking about ELAP subsidy fraud. You start talking about farm exemption stuff. I agree with you people exploit the farm exemption. But that’s not what we’re talking about here