Keeping an eye on tax changes as House Dems release their proposals

The ag sector is keeping a close eye on possible tax changes, as House Democrats released their proposals earlier this week. If their plan goes through as is, there will be no changes to step up in basis, a welcome move for farmers and ranchers.

Ag CPA Paul Neiffer speaks with RFD-TV’s own Tammi Arender on the key tax changes, what is not included in the proposal, and whether or not it will pass.

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Related:

Change to the tax code could be the death of multigenerational farms

Ag CPA on potential changes to estate tax