What Does Proposed Tax Reform Mean for Farmers and Ranchers?

What Does Proposed Tax Reform Mean for Farmers and Ranchers?

Kathy Voth

On Pasture

“We applaud Speaker Ryan and Chairman Brady for moving forward with tax reform but encourage them to modify the legislation to make sure it works for agriculture,” said Jeff Wald, CEO of K·Coe Isom. “The eventual phase-out of the estate tax will be welcome news for farms and ranches that would otherwise be subject to this tax. We also applaud the bill for not limiting farmers’ ability to use the cash method of accounting.”

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