taxes

A host of issues being debated in D.C. look to have a direct, or indirect, impact on the farming community across the Northwest.  For the Oregon Cattlemen’s Association, the 2017 Tax Relief Bill set to expire at the end of this year is one of the top issues.   “Once ...

Washington Republican senators are warning that the budget recently proposed by the majority party goes above and beyond what the state needs and will hurt rural Washingtonians.  State senator Ron Muzzall said the $17 billion tax increase in the Democrats budget is beyond belief.  ...

Tax season is in full swing and locations are available across Idaho to assist people with preparing their returns.  The AARP Foundation's Tax-Aide program offers in-person help to people with low and moderate incomes.  They don't have to be AARP members to participate.  There are 27...

It’s tax season, which means this can also be a heightened season for scammers and identity thieves looking to separate you from your money, or your personal information.  Experts say now is the time to prepare for those scammers.   “Agenc...

An estimated 640,000 Oregonians will be allowed to use free software to file their income taxes this year.  Oregon is joining the IRS in making the Direct File software available.  Robin Maxey, with the Oregon Department of Revenue, said it's not for everyone.   "The best ...

The Idaho Legislative Session is underway, and the Farm Bureau said it’s important farmers statewide stay plugged into what’s happening in Boise.  Idaho Farm Bureau Federation’s Dex Lake said despite demographic changes across the state in recent years, most lawmakers still understand the important role agriculture plays in Idaho’s economy.  But do lawmakers respect Idaho ...

The farming community is concerned that the enhanced estate tax exemption could be a major casualty if the 2017 tax cut law expiring at the end of next year isn’t extended.  The estate tax exemption will drop from $13.6 million per individual to its pre-2017 level of $5.5 million if th...

The National Cattlemen’s Beef Association is reminding all producers that the Corporate Transparency Act filing requirements are back in effect.  A recent court of appeals decision reversed an injunction that previously had stopped the mandate.   “The C...

Most eyes are focused on the Farm Bill, or lack thereof, but that is not the only issue farm county needs to watch as 2024 draws to a close, and we start a new year.  Mary Kay Thatcher, Senior Manager Federal Government and Industry Relations for Syngenta, said taxes will be a topic of note early in 2025.   “...

The American Farm Bureau Federation is raising concerns about the unlevel playing field currently created by the 40B and 45Z tax credits.  AFBF President Zippy Duvall met with White House officials recently and said America’s farmers and ranchers need adjustments to the tax credits sooner rather than later.   “45Z i...