taxes

The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided important relief for farm …

Livestock Marketing Association, or LMA, applauds the introduction of the Helping Ensure Rural Inheritance Transfers Are Generationally Enduring, or HERITAGE, Act. The bill, set in motion by Sen. Cindy Hyde-Smith …

WASHINGTON — U.S. Senator Amy Klobuchar (D-MN) and 18 of her colleagues are asking U.S. Trade Representative (USTR) Ambassador Jamieson Greer for information on how the Administration’s tariff taxes will …

WASHINGTON — U.S. Senator Amy Klobuchar (D-MN) joined Senators Maria Cantwell (D-WA) and Chuck Grassley (R-IA) to introduce the Trade Review Act of 2025, bipartisan legislation that would restore congressional oversight …

FORT BENTON, Mont. – Governor Greg Gianforte, Senator Josh Kassmier, R-Fort Benton, and local ag producers today urged support for reforms to the business equipment tax. Gov. Gianforte and Sen. …

Things are starting to pick up in Helena as more bill drafts become available and some of the “bigger” bills are getting scheduled for hearings soon. The hearing schedule was …

by Monty Lesh – Montana Stockgrowers Association 2nd Vice President Passing family farms and ranches on to the next generation is challenging, and future changes to federal inheritance tax could …

An analysis conducted earlier this year by USDA’s Economic Research Service showed farmers would see their tax obligations grow by $8.9 billion if the Tax Cuts and Jobs Act (TCJA) …

The U.S. Senate passed the Federal Disaster Tax Relief Act (H.R. 5863). In addition to providing much needed relief to victims of hurricanes, the legislation would provide tax relief for …

The National Cattlemen’s Beef Association (NCBA) released a report analyzing data collected in a nationwide tax survey of America’s cattle producers. With the 2017 Tax Cuts and Jobs Act set …