Overview of Tax Law Changes for Ag Operations
January 11, 2018
The author reviews a number of changes introduced by the 2017 Tax Relief Act and briefly notes their possible effect on farm and ranch operations.
Tax Law Update: Elimination of 1031 Exchanges for Personal Property
January 10, 2018
One outcome of the 2017 Tax Relief Act was the elimination of personal property under the rules of Section 1031. This change will affect record keeping for ag operations and may have a significant impact on many farmer's tax returns.