The National Council of Farmer Cooperatives is concerned about a huge tax hike for farmers if the Treasury Department and IRS do not incorporate a fix passed by Congress.
NCFC President/CEO Chuck Conner tells Brownfield Ag News Congress passed a fix to the so-called “grain glitch” in the 2017 tax cut bill signed into law by President Trump – but the IRS has not yet included it as it works on a final rule.
