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
For farmers, better data may not solve every local rail problem, but it can make service failures easier to document.
Emily Oberbroeckling says producers in northeast Iowa have made strong planting progress while continuing to monitor moisture conditions.
RFD News Farm Legal Expert Roger McEowen shares the major role of timing clauses in farmland sales, leases, and succession planning.
At the center of the announcement is the Blue Point Project in Louisiana, a $3.7 billion ammonia facility, USDA says, that will become the world’s largest ammonia plant once completed.
Ag Commissioner Sid Miller and Rep. Henry Cuellar say rising costs and generational shifts are making it harder to keep young producers in the industry.
Operating debt remains manageable in many areas, but rising non-accrual loans show why careful cash-flow management matters in 2026.

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:

Trey Myers and T. Wayne Williams discuss lessons learned on the road and what continues inspiring students across the country.
USDA says weather damage in key Robusta-growing regions is tightening supplies and lowering export expectations.
USDA says growing soybean output and expanding biofuel demand are helping drive the increase.
Industry leaders say restored access is a major step forward, though exports remain well below previous levels.
Scientists say studying how cattle digest seaweed could help shape future livestock nutrition and sustainability efforts.
State agriculture leaders say the new “Nine Lakes of East Tennessee” designation could boost tourism and industry investment.