…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…
President Trump Overturns Electric Vehicle Mandate
…raises questions about the future of climate-smart Ag programs in Biden’s Inflation Reduction Act. One of those is the 45 Z tax credit to incentivize sustainable aviation fuel, as Trump…
Craig Denounces Proposed Cuts to Farm Bill Programs
…pay for tax cuts. According to Craig, the proposed plan includes cuts to nutrition assistance, conservation efforts, and rural energy investments. House Agriculture Committee Ranking Member Angie Craig Craig points…
AgNet News Hour Friday, 01-10-25
…who discusses the upcoming Trump administration’s focus on extending tax cuts, border control, and potential tariffs. He highlighted concerns for the dairy industry, particularly the lack of a visa program…
Estate Tax Changes Could Impact Farmers by 2026
An enhanced estate tax exemption, introduced under the 2017 tax reform law, may soon shrink if that law is allowed to expire at the end of 2025. If Congress does…
NCBA Comments on CTA Injunction Reinstatement
…cattle producers consult with their attorneys or tax professionals about their reporting obligations. On Christmas Eve, NCBA sent a letter to Treasury Secretary Janet Yellen, urging a delay in enforcing…
Corporate Transparency Act Reinstated: NCBA Urges Cattle Producers to Prepare
…continue working to secure a permanent solution that protects cattle farmers and ranchers. In the meantime, they recommend producers consult with an attorney or tax professional to understand how this…
Disaster Tax Relief Bill Passes in U.S. Senate
…relief payments from being taxed and we are thankful that the House of Representatives and Senate both passed the Federal Disaster Tax Relief Act to protect these payments from taxation,”…