Taxes
In addition to higher farm payments and better crop insurance, Paul Neiffer says the most overlooked impact of the One Big Beautiful Bill could be how farmers structure their operations.
The tax credit unlocks new value in your grain. But the ticket to entry is getting on-farm data ready to share
In addition to major tax provisions, the bill enhances the current safety net, providing $66 billion in new spending for farm programs.
The Senate and House each have their own Committee proposals for President Trump’s Big Beautiful Bill. There are some key differences in each that could impact farmers and ranchers.
While the 1,000-page bill includes spending increases for agriculture-facing programs by $56.6 billion over the next decade, there’s one major priority that didn’t make it into the House’s version.
The massive bill faced two major hurdles, passing out of both the House Agriculture and House Ways and Means Committees. While the legislation is filled with positive tax provisions for farmers, potential cuts to SNAP are creating controversy.
Three key provisions in the 2017 Tax Cuts and Jobs Act are set to expire in December. Planning now can help farmers prepare financially if the provisions aren’t extended, says CPA Paul Neiffer.
Speaker Mike Johnson (R-La.), commits to fast-tracking Trump’s legislative agenda by May, which is perhaps the biggest bill in American history. There will be unprecedented spending cuts to help pay for it all, along with newly proposed tariffs on imported goods.
With 30 tax provisions set to expire at the end of 2025, four experts explain how and when you could be affected.
One of the biggest anticipated changes that could impact farms across the U.S. is the possible change to the tax policy under a second Trump administration.
The good news is a Trump presidency and Republican-controlled Senate might result in fewer regulations and lower taxes. The bad news is the U.S. could be headed for a possible trade war with China and other countries.
North Dakota voters are facing a significant decision this fall regarding property taxes and state funding.
Mitchell Hora of Continuum Ag joins the Top Producer podcast to share why he believes taking advantage of these credits will be the biggest opportunity in agriculture.
“This is an immense opportunity. For the first time, 45Z provides farmers and biofuel manufacturers a scoreboard with a transparent points system and a business model that rewards scoring points,” says Mitchell Hora.
Paul Neiffer reviews the important updates to the new Farm Bill proposals from the House Ag Committee.
Dr. Vince Malanga shares insights on the U.S. economic outlook, and what areas demand the most attention.
The practices used during the 2024 growing season will have a direct impact on the ability to take advantage of these incentives. Mitchell Hora of Continuum Ag shares what you need to know.
With Republicans now in control of the House, Rep. RandyFeenstra (R-Iowa) said he wants to introduce legislation shielding the stepped-up basis and like-kind exchanges.
USDA Secretary Tom Vilsack and Rep. Cindy Axne joined AgriTalk with host Chip Flory and Pro Farmer Policy Analyst Jim Wiesemeyer recently to comb through President Biden’s reframe of the Build Back Better (BBB) plan.
The newest tax proposal in Washington would impose a tax on billionaires. A farm tax expert warns the proposed changes could turn into a trojan horse for farmers and result in higher taxes within a decade.
Chip Flory of AgriTalk and Pro Farmer policy analyst Jim Wiesemeyer have a conversation with Paul Neiffer of CliftonLarsonAllen about potential future tax liabilities for farmers and ranchers.
Chip Flory discusses reconciliation bill outlooks with South Dakota and Arkansas Senators as well as AFBF President.
Tim Urban of Bracewell Technologies has advocated for clients on business tax issues, extension of temporary tax provisions, and federal tax policies within the energy sector.
The omnibus spending bill before Congress this week does include a change to Section 199A of the President’s Tax Cuts and Jobs Act.
Today President Trump addressed an audience of supporters at the White House urging Congress to put a tax reform bill on his desk before Christmas.
One of my favorite sayings about any new tax law is “We have the law, now we need the rules.”
If the act passes, the major item that applies to farmers is that 100% bonus depreciation is allowed on 2023 returns. Therefore, farmers might want to wait to file their return until sometime in February.