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Shining Light on Farm & Food Policy for 20 Years.
Saturday, December 21, 2024
Farm groups are breathing a collective sigh of relief that congressional Democrats have dropped the idea of taxing capital gains at death, preserving the benefits of stepped-up basis. But many may still need to start talking to their tax advisers about just what’s in the legislation and how it could affect their tax planning.
Matt Herrick has left the Department of Agriculture where he served as Ag Secretary Tom Vilsack’s communication director, and President Joe Biden selects Xochitl Torres Small as undersecretary of rural development at USDA.