Partners of an ag consulting and accounting firm say farmers and small business owners need to meet with their tax professionals now, while they can.
Jim Rein with KCOE ISOM says the future of tax policies are up in the air as congress debates proposals on eliminating stepped up basis and increasing capital gains tax at death- and those decisions may be finalized at an inopportune time.
“We are concerned about that timing being so late in the year folks might not be able to get things done, whether is it drafting documents, or you need real estate appraised or what have you.
