Articles tagged under: taxes

Tax Season Reminders for Farmers

Published December 5, 2018

As 2018 comes to a close, farmers and ranchers are gathering financials. As a result of new tax laws, there are several changes for the upcoming year. Renee Fink, AgCountry Farm Credit Services Vice President of Tax, says the most…
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MN Senator Expresses Caution on Tax Credit

Published May 16, 2018

Minnesota Senate Agriculture, Rural Development and Housing Finance Committee Chairman Torrey Westrom says lawmakers are still working to include the buffer tax credit in the tax bill. “We’re hopeful, but right now it doesn’t look good for the buffer tax…
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Conference Committee Works on MN Tax Bill

Published May 14, 2018

Members of the conference committee have finalized a tax bill agreement This legislation conforms the Minnesota tax code with the new federal tax law. It includes the first tax rate reduction in nearly 20 years. The bill increases the Section…
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Working Group May Have Role in School Levies and Property Taxes

Published May 1, 2018

The Minnesota House has passed legislation to bring the state tax code in alignment with the recent changes in the federal tax laws. Minnesota Farm Bureau Federation Public Policy Director Amber Glaeser says the House bill includes the creation of…
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Omnibus Tax Bill Passes MN House

Published May 1, 2018

The Minnesota House of Representatives has passed the omnibus tax bill. This bill aligns the state tax code to address the changes past at the federal level. For farmers, this bill conforms to the federal 179 expensing allowance, allowing individual…
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