2024 Income Tax Updates for Farmers and Ranchers

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Nebraska recently made changes to its property tax credit system with the passage of LB34 in 2024, affecting farmers and ranchers who rely on these credits, as it might lead to potential underpayment penalties. Learn more in the webinar linked below.

2024 Income Tax Updates for Farmers and Ranchers

In a new Center for Agricultural Profitability webinar, Nebraska Farm Business, Inc., Director Tina Barrett covers tax considerations that farmers and ranchers should be thinking about this year as we get closer to closing out another year. Topics covered include crop insurance, deferral options for livestock sales, changes to the State of Nebraska Property Tax Credit, the pass-through entity tax and more.

Watch the webinar

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