Congress is working to reach an agreement on the reconciliation bill by the end of the week. While the current version does not include the elimination of stepped-up basis, farmers are concerned the final package will.
Ag CPA Paul Neiffer spoke with RFD-TV’s own Tammi Arender on what is currently on the table and if it will pass.
Related:
Nebraska Farm Bureau: the importance of preserving stepped-up basis
Hard to Believe: removing stepped up basis won’t increase taxes on the farm
No changes by House lawmakers on stepped up basis