Managing for Profit
Farmer concern over Biden tax policies
Farmers are wondering what President Biden has in store when it comes to key tax policies that impact their operations like bonus depreciation and the estate tax.
Chad Hansen, the president of Iowa-based farm accounting firm Corporate Farmer, says there is a fear that some of the tax provisions that have been helpful the past four years will be going away. And he’s concerned changes to the estate tax that would be harmful could be coming.