After months of worry over potential changes to estate taxes and stepped-up basis, a farm tax advisor says any tax changes that would greatly impact farmers are mostly off the table as congress debates the reconciliation bill.
Brian Kuehl with K-coe Isom tells Brownfield while farmers aren’t out of the woods yet, the chances of those provisions returning in the final bill are slim.
“There is always a possibility and until we see the final bill we won’t know for sure, but right now it feels like it’s on a pretty good track.