NEWS
Cliffhanger Tax Bill Rewards Ag
Marcia Zarley Taylor DTN Executive Editor
Wed Jan 2, 2013 03:01 PM CST

HADDONFIELD, N.J. (DTN) -- The dust hasn't yet settled in Washington, D.C., but farmers can count on scoring some significant tax victories in legislation signedto avert the fiscal cliff. Chief among them are provisions renewing generous write-offs for equipment purchases and permanent exemptions that spare moderate-sized farm estates from federal tax.

"On a scale of 1 to 10, I'd definitely give it a 7," said Paul Neiffer, a CPA and partner in the agribusiness group of CliftonLarsonAllen who spent much of New Year's Day studying the billPresident Barack Obama signed. "For the most part, terms are very favorable for agriculture ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
Senior Partners - 4
Senate Panel OKs Tax-Extenders Bill
Taxlink by Andy Biebl
Taxlink by Andy Biebl
Ask the Taxman by Andy Biebl
Taxlink by Andy Biebl
Ask the Taxman by Andy Biebl