The 2017 Tax Cuts and Jobs Act (TCJA) made significant changes to Federal individual income and estate tax policies, though some policies were temporary. In 2018, the TCJA increased the …
Succession Planning
-
-
Ag News StoriesNews
Daines Leads Fight to Protect Family Farms From Increased Tax Burden
by Colter BrownU.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. …
-
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 …
-
Ag News StoriesNews
Farm Bureau Opposes Elimination of Stepped-Up Basis and New Capital Gains Taxes at Death
by Colter BrownThe 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 …