The House-Senate tax bill will provide near-term benefits to many ag producers, but rate reductions and estate tax changes beneficial to ag are temporary, according to national ag accounting and business advisory firm K·Coe Isom. “The core of this bill is a 21% flat rate for C corporations,” said Doug Claussen, Principal and CPA with […]

Tax code was the topic up for discussion in the House Agriculture Committee Wednesday. Members heard from the House Committee on Ways and Means, including Rep. Kristi Noem (SD-at large) and Rep. Lynn Jenkins (KS-2), and a diverse panel of witnesses including agricultural and tax professionals. Pat Wolff, senior director of congressional relations for the […]