Rural Money: New Tax Law Changes How Farmers Can Deduct Charitable Contributions

Farm CPA Paul Neiffer says the “One Big Beautiful Bill” could shift how producers donate grain and commodities to charities.

PARKER, Colo. (RFD News) — The “One Big Beautiful Bill” is changing how farmers can deduct charitable contributions, potentially creating a new strategy for producers who regularly donate grain or commodities to churches and food banks.

Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to help producers navigate the new tax considerations.

In his conversation with RFD News, Neiffer discussed how the legislation changes charitable deduction rules and what the update could mean for farmers moving forward.

The discussion also focused on why donating commodities instead of cash may now make more sense in certain situations, along with some of the rules producers should keep in mind when making charitable donations.

Related Stories
Louisiana State University Professor Shelly Pate Kerns says a late freeze forced widespread replanting of some crops across the state.
RealAg Radio’s Shaun Haney discusses the DOJ investigation into U.S. beef packers, concerns about cattle pricing, and ongoing trade and animal health issues affecting producers.
Event focuses on helping communities grow through local business
The Farm Monitor says Georgia farmers highlighted profitability and labor challenges during a Farm Bureau event with USDA Deputy Secretary Stephen Vaden.
Rising costs and tighter margins are shaping the 2026 outlook.
Farm programs remain small but politically easier to expand.

Knoxville native Neal Burnette-Irwin is a graduate from MTSU where he majored in Journalism and Entertainment Studies. He works as a digital content producer with RFD News and is represented by multiple talent agencies in Nashville and Chicago.


LATEST STORIES BY THIS AUTHOR:

The trip is giving them a firsthand look at farming beyond the U.S.
The non-profit organization is helping feed communities while creating pathways for at-risk youth.
Authorities say the drones were recovered during a routine inspection after being stolen last month.
The farm bill is still moving, but the toughest amendment fights were pushed into today’s session. ASA President Scott Metzger joins us to discuss the risks of tariff actions on soybean exports, concerns over trade policy and production costs, and the importance of Farm Bill updates.
The Purdue student team joins us to discuss how they developed Soy-Seal, their innovative soybean-based adhesive tape, and its potential ag impact.
University of Arkansas researchers are working to help farmers reduce grain waste and get more value out of their crops.