Budget Bill Breakdown: CPA offers insight into new legislation that would authorize trillions in tax cuts

“Cautiously optimistic”

The House is looking to pass a budget bill authorizing up to $4.5 trillion of tax cuts. However, accounting experts say that there is still more info needed.

Farm CPA Paul Neiffer spoke with RFD-TV’s own Suzanne Alexander on details of the bill, Trump tax cuts, and if the Senate will pass the legislation.

Related Stories
More flexible export financing could strengthen demand in emerging markets and support higher U.S. agricultural exports.
Jeramy Stephens of National Land Realty breaks down current trends in the farmland real estate market and how landowners should consider water availability and its impact on land values as they plan for the year ahead.
Modest rate relief may come late in 2026, but borrowing costs are likely to stay elevated.
U.S. Senator Roger Marshall of Kansas discusses expected changes to the 45Z tax credit and what they could mean for agriculture and rural America.
Clearer 45Z rules favor U.S. oilseeds, but final RFS volumes remain critical to locking in demand.
The biggest development of 2025 in agricultural law and taxation was the signing into law on July 4 of the Trump Administration’s landmark legislation, the “One Big Beautiful Bill” Act (OBBBA)