Tag Archives: taxes

Washington farm groups seek changes to capital gains tax bill

From the Capital Press Farm groups are lobbying to amend a capital gains tax proposal, hoping to head off a tax hit for cattlemen and retired farmers. As proposed by Gov. Jay Inslee and introduced by Democrats in the Legislature, active farmers and ranchers who sell their land would be exempted from the tax on gains from the one-time sale ... Read More »

Some SE guidance–just not all good

By Paul Nieffer Farm CPA Today The SBA issued some additional Interim Final Rules earlier this week and most of it dealt with self-employed taxpayers.  We were hoping that gross receipts would qualify.  For an Uber driver it might if they only received a Form 1099 from Uber and have little or no expenses. For the typical SE farmer, it ... Read More »

Policy center adds up tax burden Washington farmers pay

From the Capital Press A Washington think tank has released a new white paper tallying the tax burden the state’s 39,000 farmers pay. The total in 2018 was nearly $923 million, according to the Washington Policy Center, a nonprofit think tank. Read the rest of the article here. Read More »