The Big, Beautiful Bill has presented a new tax deduction for banks that might help farmers get a lower rate on their farm loans.
Farm CPA Paul Neiffer spoke with RFD-TV’s Suzanne Alexander about some of the details, reducing interest rates, and how it applies to old loans.
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Farm leaders say rising costs and weak prices are forcing producers to reduce rice plantings.
RFD News Farm Legal Expert Roger McEowen discussed how recent policy changes could affect farm entities and payment limits.
By coupling operational agility with proactive tax planning under the One Big Beautiful Bill (OBBBA), family-owned operations can fully leverage expanded safety nets and emergency deductions to insulate themselves from market volatility and preserve operational equity for the next generation.
Producers should coordinate immediately with their CPA and legal counsel to ensure their corporate structures and operational realities are perfectly aligned before the September deadline.