Farm CPA breaks down how BBB will allow banks to deduct 25% of interest on certain farm loans

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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“This bill is going to prevent the largest tax increase in American history.”
“At a global view, they pretty much mirror the House proposal, but there are some key changes.”