NCFC unhappy with IRS rule on "Grain Glitch"
The Internal Revenue Service released its final rule on how farm income from cooperatives will be handled for tax purposes. The Hagstrom Report says the regulation has been a source of dispute since Congress passed the 2017 Tax and Jobs Act. The IRS says Section 199A of the law provides taxpayers a deduction of up [...]
Donald Trump Chuck Conner Revenue Service Treasury Department National Council Of Farmer Cooperatives Internal Revenue Service
Source: krvn.com