U.S. Senator Steve Daines today led all 50 Senate Republicans in urging President Biden to abandon his effort to impose a tax increase on Montana family-owned businesses, farms, and ranches.…
Succession Planning
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The number of farms and ranches paying more in taxes would be dramatically higher if proposed tax code changes affecting agriculture become reality. The changes to the tax code that…
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Farm Bureau Opposes Elimination of Stepped-Up Basis and New Capital Gains Taxes at Death
by Colter BrownThe American Farm Bureau Federation is speaking out against the recent proposals by several lawmakers to tax unrealized capital gains at death and roll back the stepped-up basis on those…