WASHINGTON, D.C. (RFD-TV) — The recently passed “One Big Beautiful Bill” Act makes 100-percent bonus depreciation permanent for assets placed in service after January 19 of this year. The change is raising questions among producers about whether the rule also applies to processing facilities located on farms.
RFD-TV Farm Legal and Tax Expert Roger McEowen, with the Washburn School of Law, joined RFD-TV to explain the details.
In his interview with RFD-TV News, McEowen breaks down how the new rule works, whether it covers on-farm processing facilities, and the implications for farmers gifting depreciated equipment to their children after retirement.
McEowen also compared how depreciation recapture would apply under the new 100 percent bonus depreciation rule versus Section 179 depreciation. He emphasized that understanding how these tax provisions interact will be key for farmers planning long-term equipment purchases or transfers within the family.
Firm to Farm: Depreciation of On-Farm Processing Facilities; Ag Liens; Gifting Equipment; and Portability
In a landmark ruling delivered in late 2025, the U.S. Supreme Court significantly narrowed the scope of the National Environmental Policy Act.
January 19, 2026 11:25 AM
·
Trade volatility and shifting export destinations increase marketing risk for producers heading into 2026.
January 18, 2026 07:00 AM
·
Rising rural business confidence supports local ag economies, but taxes and labor shortages remain key constraints.
January 17, 2026 02:00 PM
·
CoBank Knowledge Exchange’s Jeff Johnston shares the group’s positive perspective on expanding data centers into rural areas and weighs the risks and rewards for those communities.
January 16, 2026 01:44 PM
·
Farm CPA Paul Neiffer discusses how January’s WASDE report could impact ARC and PLC payments and updates on disaster relief programs as farmers navigate a challenging market environment.
January 16, 2026 01:34 PM
·
Texas Commissioner of Agriculture Sid Miller joined us to discuss data center expansion, farmland preservation, rural economic impacts, and imminent cattle biosecurity concerns affecting agriculture today.
January 16, 2026 01:28 PM
·
