The tax reform bill has passed the U.S. Senate and House and is now headed to the president’s desk. While many details about the bill are still unknown, some information about how it might affect farmers is starting to trickle out. Follow these links for more information:
K-Coe Isom, a firm that provides consulting and CPA services in the food and agriculture industry, lists 5 steps farmers should take in response to the House-passed tax bill.
Paul Neiffer, a CPA with CliftonLarsonAllen, writes a popular blog, Farm CPA Today. For the past few days, he has been writing about provisions in the tax bill.
The National Farmers Union isn’t a fan of the overhaul, saying it puts farm program funding on the chopping block.
Successful Farming thinks ag’s benefits will mostly be temporary.