Last week, KCoe Isom, a food and agriculture consulting and accounting firm, hosted a Tax Reform Watch webinar for corn growers regarding News and Perspective on Tax Planning and Priorities. This webinar addressed questions farmers have surrounding legislative tax proposals and potential impacts on businesses.
The discussion was led by KCoe Isom advisors Brian Kuehl, principal; Jim Rein, principal; and Beth Swanson, senior associate. The National Corn Growers Association (NCGA) Public Policy Director for Risk Management and Tax, Wayne Stoskopf, opened the webinar with some background remarks.
“The National Corn Growers Association partnered with KCoe Isom during the 2017 tax reform, and we asked them to help growers fill in the gaps and answer some tough questions surrounding the release of President Biden’s American Families Plan,” said Stoskopf.
NCGA recently joined 40 agricultural organizations in a letter to Congressional leaders outlining key tax priorities, including protecting current estate tax exemptions and preserving the step-up in basis for capital gains. You can read that letter here.
NCGA is taking a series of actions to do our part to help contain the spread of the coronavirus (COVID-19) and the economic fallout it is creating for corn farmers and our customers. Short term, this means instituting policies to protect the health and safety of our stakeholders and the broader communities we serve. Long term, we’re focused on creating solutions to help corn farmers and our customers recover from the financial impacts of this crisis.
CommonGround is a group of farmers connecting with consumers through conversations about science and research and personal stories about food and misinformation surrounding farming. Supported by the NCGA and state corn organizations.
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