The Big, Beautiful Bill makes the Tax Cuts and Jobs Act permanent, but there are some changes to the treatment of research and development.
Roger McEowen with the Washburn School of Law spoke with RFD-TV’s Tammi Arender about what these changes mean for farm businesses and what producers need to keep in mind.
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Farm leaders say rising costs and weak prices are forcing producers to reduce rice plantings.
RFD News Farm Legal Expert Roger McEowen discussed how recent policy changes could affect farm entities and payment limits.
By coupling operational agility with proactive tax planning under the One Big Beautiful Bill (OBBBA), family-owned operations can fully leverage expanded safety nets and emergency deductions to insulate themselves from market volatility and preserve operational equity for the next generation.
Producers should coordinate immediately with their CPA and legal counsel to ensure their corporate structures and operational realities are perfectly aligned before the September deadline.