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.