Congress has a big agenda this year between budget talks, the Farm Bill, and various other ag policy concerns. However, the American Farm Bureau says action on tax policy should be a top priority, starting with the estate tax.
“Families are already going through a very difficult time when they lose a loved one and are passing the farm on, and so, this adds an additional burden of trying to come up with up to 40 percent of your farm’s value to pay the IRS. Most of farm assets come from non-liquid assets, mainly land. So, as land becomes more valuable, even when farms are facing losses, they’re now being pushed above that exemption level due to rising land values,” said Samantha Ayoub.
The Farm Bureau says at the end of the day, it all comes down to giving farmers and ranchers certainty, adding without permanent changes, farmers and ranchers are at risk.
September 29, 2025 11:54 AM
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Beal joined us on Friday’s Market Day Report to discuss her election to NASDA’s presidency, challenges facing American agriculture, and her background as a Mainer and dairy farmer.
September 26, 2025 03:12 PM
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RFD-TV Farm Legal and Taxation expert Roger McEowen joined us Friday to break down the executive order and what it means for farmers and ranchers.
September 26, 2025 02:47 PM
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Farm CPA Paul Neiffer joined us on Friday’s
Market Day Report to break down what this extension means for affected ranchers.
September 26, 2025 02:03 PM
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Potash has seen the most significant decline, falling 11 percent over the same five-year period.
September 26, 2025 01:36 PM
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Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.
September 26, 2025 10:18 AM
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