Farm Households Face Larger Tax Liabilities When Provisions of the Tax Cuts and Jobs Act of 2017 Expire
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The 2017 Tax Cuts and Jobs Act (TCJA) made significant changes to Federal individual income and estate tax policies. Federal income and estate tax policy modifications can affect not only the financial well-being of farm households but also the number and size of farms, so these changes are of considerable importance to family farms. Several of the TCJA changes to Federal individual income and estate tax policies were temporary and are scheduled to expire by the end of 2025.
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2024-04-09



