tax reform bill

Tax bill on the mend after private grain companies get shut out

· January 12, 2018

Not everyone was pleased with the new tax reform bill in agriculture. Ethanol producers and private grain companies are now saying the elimination of the Section 199 deduction is nudging them out of competition with farmer owned cooperatives. Under the new tax law, farmers and ranchers can claim a 20 percent deduction on all payments […]

Ag commends Congressional passage of tax reform bill

· December 21, 2017

President Donald Trump promised the American people a big, beautiful tax cut for Christmas, and with final passage of the tax reform bill, several ag industry members believe it will be. During his remarks Wednesday at the Bill Passage Event, President Trump made sure to give out a shout out to farmers who would benefit […]

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