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Estate Tax

  • Ag News StoriesNews

    2025 Tax Cliff: The Impact of the Tax Code

    by Colter Brown June 11, 2025
    June 11, 2025

    The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided important relief for farm …

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    Montana Stockgrowers Advocates for Producer Profitability in Washington D.C.

    by Colter Brown April 29, 2025
    April 29, 2025

    This spring, the Montana Stockgrowers Association (MSGA) took two trips to Washington D.C. to continue carrying the message of Producer Profitability to Congress. MSGA leadership and staff met with Montana’s …

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    Legislation Introduced to Permanently Repeal the Death Tax

    by Colter Brown February 18, 2025
    February 18, 2025

    U.S. Senate Majority Leader John Thune (R-S.D.) today led 45 of his Senate colleagues in reintroducing legislation that would permanently repeal the federal estate tax, commonly known as the death …

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  • Ag News StoriesNewsOpinion

    Improving the Tax Climate and the Upcoming Death Tax Sunset

    by Colter Brown December 16, 2024
    December 16, 2024

    by Monty Lesh – Montana Stockgrowers Association 2nd Vice President Passing family farms and ranches on to the next generation is challenging, and future changes to federal inheritance tax could …

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  • Ag News StoriesLivestock NewsNews

    NCBA Survey Shows Urgent Need for Tax Relief to Protect Family-Owned Cattle Operations

    by Colter Brown October 16, 2024
    October 16, 2024

    The National Cattlemen’s Beef Association (NCBA) released a report analyzing data collected in a nationwide tax survey of America’s cattle producers. With the 2017 Tax Cuts and Jobs Act set …

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  • Ag News StoriesNews

    Legislation Introduced to Repeal the Death Tax

    by Colter Brown April 3, 2023
    April 3, 2023

    U.S. Sen. John Thune (R-S.D.), ranking member of the Subcommittee on Taxation and Internal Revenue Service Oversight, led 40 of his Senate colleagues, including Republican Leader Mitch McConnell (R-Ky.) and …

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  • Ag News StoriesSponsored Content

    Estate Planning is More Than Just Tax Planning

    by Amelia Siroky April 18, 2022
    April 18, 2022

    SPONSORED- By Ramona Johnson, CPA Many people think estate planning is not necessary, that it is only for those of us that are getting older or those fortunate enough to be …

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  • Ag News StoriesNews

    Daines and Thune Take Democrats to Task Over Stepped-Up Basis

    by Colter Brown August 10, 2021
    August 10, 2021

    South Dakota Senator John Thune and Steve Daines of Montana, both members of the Senate Finance Committee say that Senate Democrats have flip-flopped on the elimination of the stepped-up basis …

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  • Ag News StoriesNews

    Farm Bureau Opposes Elimination of Stepped-Up Basis and New Capital Gains Taxes at Death

    by Colter Brown April 1, 2021
    April 1, 2021

    The American Farm Bureau Federation is speaking out against the recent proposals by several lawmakers to tax unrealized capital gains at death and roll back the stepped-up basis on those …

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  • Ag News StoriesNews

    Legislation Introduced to Completely Repeal the Death Tax

    by March 10, 2021
    March 10, 2021

    The Death Tax Repeal Act of 2021 was introduced this week in both the U.S. Senate and House by U.S. Senator John Thune of South Dakota and U.S. Representatives Sanford …

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