One provision of the new tax plan drawing sharp criticism is the elimination of the deduction for personal loss from natural disasters such as wildfires, unless the event is a federally-declared disaster.
New tax reform framework released this week includes priorities for agriculture but unanswered questions remain, says Patricia Wolff, American Farm Bureau Federation's tax expert, on AgriTalk Radio Show this week.
Just days before the World Trade Organization (WTO) is set to approve a billion dollars in retaliatory tariffs against the United States, legislators have released an omnibus spending bill that repeals the country of or
Lawmakers are back in Washington, D.C. after the holiday break. According to POLITICO, GMO labeling, child nutrition authorization, approval of the Trans-Pacific Partnership and other pending legislation is expected to
It’s difficult for any business to remain profitable for nearly 140 years, but brothers Kent and Barry Holden, of Holden Farms in Northfield, Minn., run one of the largest pork operations in the country.
While lower tax rates will go a long way in helping farmers and ranchers, those involved in agriculture are anxious about the future of other important tax provisionssuch as immediate expensing, the deduction for intere