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Tag Archives: tax cuts and jobs act

Tax Cuts and Jobs Act Affects Farmers

Tax Cuts and Jobs Act buttons in a pile. Image by shutterstock.com/cbies.

AUBURN UNIVERSITY, Ala. – Many farmers and ranchers will benefit from tax law changes brought about by last year’s Tax Cuts and Jobs Act (TCJA). Producers should be aware of changes and how they will affect the operation’s bottom line. Kevin Burkett, a Farm and Agribusiness Management Team regional agent, suggests contacting a tax professional to discuss changes and their ... Read More »

Interpreting the Tax Cuts and Jobs Act

Tax Cuts and Jobs Act buttons in a pile. Image by shutterstock.com/cbies.

AUBURN, Ala.—The new Tax Cuts and Jobs Act will benefit many individuals and businesses. While most of the business changes are permanent, many individual provisions will end Dec. 31, 2025. Dr. Robert Tufts, a visiting professor with the Alabama Cooperative Extension System, suggests contacting a tax professional to discuss these changes and their potential effects on individuals and businesses. Tufts ... Read More »