AFBF Opposes Elimination of Stepped-Up Basis and New Capital Gains Taxes at Death

American Farm Bureau Federation President Zippy Duvall says the organization objects to a proposal by several lawmakers to tax unrealized capital gains at death and roll back the stepped-up basis on those capital gains. Duvall said, “Taxing capital gains when a loved one passes away would have a devastating impact on farm and ranch families.” […]

Schoesler: Farmers Need To Be Skeptical Of Capital Gains Tax

Despite being rejected by voters multiple times, lawmakers in Olympia are looking at putting a capital gains tax on the books in Washington. What impact would such as tax have on the farming community across the Evergreen State? State Senator Mark Schoesler, a wheat farmer from the Ritzville are, called the capital gains idea a […]

Ag Industry Watching Democrat Virtual Convention Closely

Democrats are holding their national convention this week, and thanks to the coronavirus, the event is virtual rather than taking place in Milwaukee as scheduled. While on-line, the party is still discussing its platform for the 2020 election and beyond. One aspect that has concerned many in the farming community, the call to restore estate […]

Equity Minute: Tax Deferral Options

Jake Carpenter talks about different tax deferral options that exists, and which may be best for your operation and your future. If you have a story idea for the Washington Ag Network, call (509) 547-1618, or e-mail [email protected]