The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Paul is now part of the fourth generation in America that is involved in farming and hopes the next generation will be involved also. Through his blog he provides analysis and insight to farmer tax questions.
Late last night, the House passed The Tax Relief Act of 2010 with a fairly large majority vote of 277-148. This is the exact same bill that came over from the Senate so there will be no changes to the Act and President Obama should sign the bill before Christmas.
As discussed in some of our prior posts, this bill has a large number of tax goodies for farmers. The highlights are:
Stay tuned for more analysis in future posts.
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