Tax conformity tops the wish list for soybean farmers in the Minnesota legislative session. Minnesota Soybean Growers Association President Mike Petefish says it’s a challenging situation with the federal government and state government being so different on deductions and the Section 179 provision. “We’re trying to get a conformity bill and a tax bill will likely come later in the session.” Petefish says a tax credit for buffers would also benefit growers.
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