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…
Farm City Newsday Thursday, 03-18-21
…be a bit overstated, Mexico serving as a primed market for almond growth, Australian researchers developed an alternative method for milk processing, and a potential tax on PPP loans in…
Legislation Introduced to Repeal Federal Estate Tax
…some time. According to AFBF analysis, estate taxes threaten more than 74,000 farms around the nation. The 2017 Tax Cuts and Jobs Act doubled the federal estate tax exemption to…
Agricultural Groups Pleased with Latest Stimulus Package
…acre for both specialty and non-specialty crop growers. Expenses that are paid through the PPP can also be used as a tax deduction. “The fact that a stimulus package has,…
MORE Act Passes House, More Than a Symbolic Victory?
…with the cannabis industry including banking and tax complications, eliminate minor cannabis offenses, and allow for more research and trials on the production side of the industry. However, the U.S….
Proposition 15 Defeated: ‘Farmers Can Breathe A Little Easier’
…of industry groups rallied in opposition to the proposition and were ultimately successful in their efforts. The measure threatened voter-approved tax protections for commercial and agricultural properties enacted under Proposition…
EU Prepared to Impose Tariffs on American Goods After WTO Decision
…its valuation, the more important point is that the arbitrator did not authorize any retaliation for subsidies other than the Washington State tax break,” United States Trade Representative Robert E….
Groups Rallying to Defeat Proposition 15 As Ballots Go Out
…property tax increase on businesses. “This is going to be economically devastating,” Isom noted. “We already pay the highest taxes in the country. We pay the highest energy rates in…