North Dakota Stockmen’s Association Past President Dan Rorvig has chaired the NCBA Tax and Credit Committee for the past two years. The Mayville rancher said several significant tax provisions are scheduled to sunset at the end of 2025. “Currently, we’re at a $13 million (estate tax) exemption and if we do nothing it’ll revert to less than half that,” said Rorvig. “We all know what these values have done in the last ten years and we can’t let that happen.” Here is the RRFN interview.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.