There is a new tax code allowing farmers to defer paying income taxes related to the sale of farmland.
Farm CPA Paul Neiffer spoke with RFD-TV’s Tammi Arender about some of the details, how this will benefit producers, and missing payments.
Related Stories
Strong Farm Credit finances help cushion producers, but prolonged low crop margins could strain renewals in 2026.
USDA data confirms that U.S. agriculture remains overwhelmingly family-run despite structural shifts in scale and production, according to a new analystis by Farm Flavor.
Rural employers are slightly more optimistic, but labor shortages and renewed price pressures continue to limit growth across farm country according to a
Grain farms still have strong balance sheets, but another stretch of low profits will force hard cost cuts, especially on high-rent, highly leveraged operations.
Joe Peiffer with Ag & Business Legal Strategies advises farmers on end-of-year financial planning, including preparing records, avoiding common credit mistakes, and evaluating equipment purchases for 2026.
$11 billion will go to row-crop farmers immediately, with $1 billion set aside for specialty crops.