National Fisherman

There is much that remains unknown about the distribution of the approximately $6.5 million in direct financial assistance to an estimated 193 Massachusetts groundfishermen and permit holders, not the least of which is when they actually might get to cash the checks worth about $32,500 each.
 
Here is something potentially more maddening than the uncertainty of when the checks might arrive:
 
No one on the state or federal level will say with any certainty whether the direct financial aid, tied to the federally declared Northeast multispecies groundfish disaster, will be subject to federal and/or state taxes.
 
During the past three weeks, the Gloucester Daily Times put a simple question to several agencies and officials on the state and federal level: Will fishermen have to pay taxes on the direct disaster aid and, thus, send a portion of their assistance back to the very entity that provided it?
 
Read the full story at the Gloucester Times>>

Want to read more about disaster aid? Click here...

National Fisherman Live

National Fisherman Live: 2/26/15

In this episode, National Fisherman's Online Editor Leslie Taylor speaks with Rick Constantine, vice president of marketing, Acme United Corporation, about Cuda corrosion resistant knives.

National Fisherman Live: 2/24/15

In this episode:

March date set for disaster aid dispersal
Oregon LNG project could disrupt fishing
NOAA tweaks gear marking requirement
N.C. launches first commercial/recreational dock
Spiny lobster traps limits not well received

Inside the Industry

Today Sen. Lisa Murkowski (R-AK) introduced legislation to extend a permanent exemption for incidental runoff from small commercial fishing boats.

Read more...

The National Working Waterfront Network is now accepting abstracts and session proposals for the next National Working Waterfronts & Waterways Symposium, taking place Nov. 16-19 in Tampa, Fla. The deadline is Tax Day, April 15.

Read more...
Try a FREE issue of National Fisherman

Fill out this order form, If you like the magazine, get the rest of the year for just $14.95 (12 issues in all). If not, simply write cancel on the bill, return it, and owe nothing.

First Name
Last Name
Address
Country
U.S. Canada Other

City
State/Province
Postal/ Zip Code
Email