Equipment trade-ins could trigger higher tax bills for farmers in 2026

An ag attorney says farmers that plan to trade-in equipment this year could face a higher tax bill. Joe Peiffer with Ag and Business Legal Strategies says provisions included in the Tax Cuts and Jobs Act changed trade-in values. “For example, the quarter of a million dollars that you received on the trade-in is treated as […]

The post Equipment trade-ins could trigger higher tax bills for farmers in 2026 appeared first on Brownfield Ag News.

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