…a tax credit aimed at offsetting overtime wage costs for farmers, addressing the unintended consequences of California’s 2016 agricultural overtime law. This law, while designed to benefit farm workers, reportedly…
AgNet News Hour Wednesday, 05-07-25
…in tax credits to a hydrogen fuel facility in Lancaster and a port in Ventura County to improve logistics and supply chains. Additionally, California Dairies, Inc. opened a new 200,000…
Tax Cuts and Jobs Act Impact on Agricultural Industry
by Alan Reid, via Wikimedia Commons The conversation discusses the potential impact of the 2017 Tax Cuts and Jobs Act on the agricultural industry. Specifically, it addresses the estate tax…
Death Taxes Loom as Threat to Family Farms
…tax cuts were made permanent under the 2017 law, the reductions to individual income taxes began phasing out in 2022. The most significant tax increases are expected to hit at…
California Treasurer: Tariffs Hurt Farmers and Raise Food Costs
…tariffs, passed the cost to vendors, and vendors raised prices for consumers. “That’s how these tariffs work,” Ma said. “It is a tax on the people.” She urged for better…
CoBank: Trump’s Tariffs, Inflation, Trade Policy Compounding Economic Anxiety
…the blender’s tax credit, pushing prices above petroleum. Record high prices for beef cattle remain across the sector despite continuing herd liquidation. The U.S. pork sector is positioned for moderate…
Senate Bill 353 Introduced to Extend Farm to Food Bank Tax Credit
Senator Marie Alvarado-Gil has introduced Senate Bill 353 to extend the Farm to Food Bank tax credit indefinitely, which currently offers a 15% tax incentive for farmers donating fresh food…
USDA Ends Local Foods for Schools Program
…to funding a Republican tax bill could further impact school meal programs. These cuts include raising the poverty threshold for schools to offer universal free meals and tightening eligibility requirements…
Introduction of the Supporting Innovation in Agriculture Act
DepositPhotos image The Coalition for Specialty Crop Innovation celebrates the bipartisan introduction of the Supporting Innovation in Agriculture Act in the U.S. House of Representatives by Ways and Means Tax…
USDA Secretary Announces Aid Plan at Commodity Classic
…the process. For the $20 billion in disaster relief, Rollins pledged quick implementation, eliminating previous delays and tax return requirements. Following her speech, she met with industry leaders and farmers…
Senate Bill 628 provides Tax Credit for Agricultural Employers
Farm labor Weeding a Field Shutterstock Image CA Senator Shannon Grove has proposed Senate Bill 628 to provide a tax credit for agricultural employers to cover overtime wages for farm…
AgNet News Hour Friday, 02-28-25
…Shannon Grove aimed at creating a tax credit for agricultural employers to help cover the cost of providing overtime wages for farm workers. They clarify the nuances of overtime wages…
AgNet News Hour Monday, 02-17-25
…features a conversation with Julie Broadway, Executive Director of the American Horse Council, covering a wide range of current issues and trends in the equine industry, from tax matters to…
Duvall Addresses Ag Labor, Other Topics at AFBF Convention
…to make sure that we get a modernized Farm Bill.” Duvall said tax reform is another issue top of mind for farmers. “ Many of the tax provisions we rely…