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Stepped-Up Basis

  • Ag News StoriesNewsOpinion

    Opinion: Congress Must Follow Tester’s Lead and Protect Family Farms From Tax Increases

    by Colter Brown September 24, 2021
    September 24, 2021

    By Aeric Reilly, Southeastern Montana rancher.   It is no secret that family farms face tremendous challenges right now.  Corporate monopolies, a changing climate, rising health care costs and a …

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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

    Daines Leads Fight to Protect Family Farms From Increased Tax Burden

    by Colter Brown July 21, 2021
    July 21, 2021

    U.S. Senator Steve Daines today led all 50 Senate Republicans in urging President Biden to abandon his effort to impose a tax increase on Montana family-owned businesses, farms, and ranches. …

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  • Ag News StoriesNews

    Ag Industry Concerned About Federal Tax Proposals

    by Colter Brown June 16, 2021
    June 16, 2021

    The number of farms and ranches paying more in taxes would be dramatically higher if proposed tax code changes affecting agriculture become reality. The changes to the tax code that …

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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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