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Livestock Tax Deferrals

Still with livestock, Agriculture Canada has released a list of 15 designated regions in Alberta where livestock tax deferrals have been authorized for 2016 due to drought.
 
Caitlynn Reesor discusses (1:12 minutes) (562 Kb)
 
Agriculture Canada says in addition to the tax deferral, livestock producers are encouraged to take full advantage of assistance available under Growing Forward 2 Business Risk Management programs.
 
Source : Agriculture and Forestry

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Taxes and Cattle Operations

Video: Taxes and Cattle Operations

Farmers and ranchers plan and budget for the long-term, but changes in the tax code can harm their success. Mark Eisele, a rancher from Wyoming who also served as the 2024 president of the National Cattlemen’s Beef Association, Kent Bacus, Executive Director of Government Affairs for NCBA, and Jeff Magee, a cattle producer from Mississippi who also served as the 2024 chair of NCBA’s Tax and Credit Committee, discuss how recent changes in tax laws have affected cattle producers, and what might be coming.