…are still significant concerns related to some of the proposed tax policy changes. “The National Cotton Council along with a number of other ag groups that we participate with in…
Transfer Tax Provision of American Families Plan Causes Alarm
…for inherited assets. However, there is a provision in the plan that would enact a transfer tax when an asset changes hands. “I would argue this transfer tax, which could…
Week in Review: Roundtable Addresses Farm Labor, Proposed Tax Changes Have Costly Implications
…in California, with a push towards mechanization. A report from the Texas A&M University Agriculture and Food Policy Center details the costly implications of the proposed tax changes being considered…
Farm City Newsday Monday, 06-21-21
…tax changes, industry members and lawmakers meet to discuss an immigration bill in the Senate and how $4 million is going to strengthen the food supply chain. Tune in to…
Report Details Costly Implications of Proposed Tax Changes
A report from the Texas A&M University Agriculture and Food Policy Center (AFPC) details the costly implications of the proposed tax changes being considered by Congress. Some of the tax…
Debt Relief Initiative to Benefit Hundreds of California Farmers
…eligible represents the full cost of the loan to include 100 percent toward loan balances. The 20 percent reimbursement is available for tax liabilities and other fees associated with the…
Week in Review: Pallet Shortage Problems & Lt. Governor Hears Farm Water Concerns
…expressed agricultural water concerns to California Lieutenant Governor Eleni Kounalakis. Industry groups have expressed concern about proposed changes to federal tax policy, sending a letter to Congressional leadership outlining the…
Agricultural Groups Concerned by Proposed Tax Policy
The Tax Aggie Coalition has voiced concerns about the proposed changes to federal tax policy. More than 40 national and regional agricultural organizations comprise the coalition. A letter was sent…
Industry Group Voices Opposition to Proposed Mill Assessment Increase
…Isom said that simply is not possible in some instances. “This is plain and simple a tax increase. It’s a tax increase at a time when this state and these…
Biden Policy Proposals Will Have Significant Impacts on Farmers
…by changes to tax policy, which could hurt U.S. farmers and ranchers. “Some of the things being talked about include taxing capital gains on assets at the time of the…
Industry Groups Welcome Preserving Family Farms Act of 2021
…tax. “America’s farmers and ranchers deserve certainty in the tax code overall, and they need certainty especially when it comes to the estate tax. Without it, transition planning for the…
Ag Groups Largely Support $2 Trillion Infrastructure Package
…Jobs Plan. Amendments to the corporate tax code would be made to help offset the overall cost of the plan. The Made in America Tax Plan would reportedly raise more…
Farm City Newsday Thursday, 04-01-21
Get the latest agriculture news in today’s Farm City Newsday, hosted by Danielle Leal. Today’s show is filled with stories covering PPP loans not tax-exempt in California, cotton producers to…
Week in Review: Water Futures Market Details and Repealing the Death Tax
…tax, often referred to as the death tax. The U.S. Department of Agriculture has reopened the comment period for shifting regulatory authority pertaining to animal biotech. Some concerns have been…