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.
One of the better tax credits relates to increasing research and development (R&D) in your farm operation. Congress has expanded the availability of the credit, and many farmers now qualify to take it.
USDA announced details of a second tranche of MFP payments, but growers may want to talk with their tax specialist before rushing to the Farm Service Agency (FSA) office according to a Farm Journal tax expert.
A new company called Iowa Food Group has purchased the former Tyson Foods deli meat plant in Cherokee, Iowa. The 250,000-sq.ft. plant will launch a further-processing meat business including beef, pork and poultry.
A growing school district, an active housing boom and rising pay scales are just a few examples of how the new Prestage Foods of Iowa pork processing plant in Eagle Grove, Iowa, is impacting the local economy.