Cliffhanger Tax Bill Rewards Ag

Farmers Score Some Significant Tax Victories in Legislation

Congress restored accelerated depreciation rules for 2012 and 2013 that should help crop producers shelter record incomes. (DTN file photo by Nick Scalise)
Congress restored accelerated depreciation rules for 2012 and 2013 that should help crop producers shelter record incomes. (DTN file photo by Nick Scalise)
Some wealthy taxpayers in high-tax states will still fork over more than half of their income in taxes, but most farmers will find pleasant surprises in the fine print.

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