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.
Recognizing phosphorus and potash as critical minerals underscores their importance in crop production and food security, providing producers with an added layer of risk protection.
November 06, 2025 03:40 PM
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Farm CPA Paul Neiffer shares insight into what these new accounts, established in provisions of the Big, Beautiful Bill, could mean for the farm families.
November 06, 2025 02:34 PM
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AFBF Economist Danny Munch shares how passing the Whole Milk for Healthy Kids Act could give the dairy industry a needed boost.
November 06, 2025 02:31 PM
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The Court may limit emergency tariff powers, complicating a key bargaining tool; ag could see shifts in input costs and export dynamics as China, Brazil, and India talks evolve.
November 06, 2025 10:04 AM
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The Farm Bureau urges trade enforcement, biofuel growth, fair input pricing, and pro-farmer policy reforms to restore long-term certainty.
November 05, 2025 11:41 AM
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A SCOTUS ruling on Trump’s tariffs could have long-term implications on the authority of future administrations to control U.S. trade policy, according to RFD-TV legal expert Roger McEowen.
November 05, 2025 11:08 AM
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