The Big, Beautiful Bill looks to make the Tax Cuts and Jobs Act permanent

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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“This bill is going to prevent the largest tax increase in American history.”
“At a global view, they pretty much mirror the House proposal, but there are some key changes.”