Tax conformity will be a focus during the upcoming legislative session. Minnesota Farmers Union Government Relations Director Thom Petersen says it’s a priority to update the Section 179 deduction. “Minnesota conforms at a very low level so if a farmer buys a new piece of equipment, we only allow $25,000 accelerated depreciation where the federal government now allows $2 million after they passed their tax bill last year. It really makes farmers have to keep a second set of books.”