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
Farm CPA Paul Neiffer outlines how producers should navigate evolving Farm Bill provisions and prepare their operations for the next crop year.
October 16, 2025 04:14 PM
·
Heidi Exline with American Farmland Trust shares how their Farm to School initiative helps strengthen the connection between local farms and school food programs.
October 15, 2025 04:46 PM
·
Dr. Jeffrey Gold, President of the University of Nebraska, notes that many heart-related conditions can be prevented through lifestyle changes.
October 15, 2025 04:44 PM
·
Fans can catch all the action live starting next Wednesday at 2:30 p.m. ET, following Cow Guy Close. Catch it LIVE only on RFD-TV.
October 15, 2025 03:33 PM
FarmHER Katey Jo Evans joins us to share her journey from farm wife to entrepreneur and advocate for reducing food waste.
October 15, 2025 12:40 PM
·
October 15, 2025 09:00 AM
·
