taxes

by JM Peck CI-121 is a ballot initiative with the goal of limiting or capping residential property taxes increases.  Over the last year I have been concerned by rising inflation…

By Brad Cook – WIPFLI Agribusiness Practice Leader In 2021, agricultural producers took a double whammy: pandemic-related relief programs dried up, and about half of the contiguous U.S. experienced moderate…

By Aeric Reilly, Southeastern Montana rancher.   It is no secret that family farms face tremendous challenges right now.  Corporate monopolies, a changing climate, rising health care costs and a…

South Dakota Senator John Thune and Steve Daines of Montana, both members of the Senate Finance Committee say that Senate Democrats have flip-flopped on the elimination of the stepped-up basis…

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.…

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…

In a joint address to Congress on Wednesday night, President Biden lobbied for some big spending proposals for infrastructure, education, social services and healthcare. To pay for his wish list,…

The 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…

The Death Tax Repeal Act of 2021 was introduced this week in both the U.S. Senate and House by U.S. Senator John Thune of South Dakota and U.S. Representatives Sanford…

One of the first questions about a new administration in Washington, D.C., is how tax policy may or may not change. Pat Wolff, Senior Director of Congressional Relations with the…