American agriculture is in the grip of a major drought, with many farmers and ranchers forced to sell off major portions of their herds to avoid starvation.…

Read more about Drought-Stricken Farmers, Ranchers Get Tax Relief from IRS

American farmers and ranchers forced to sell livestock due to drought have been given some tax relief by the IRS. The measures give qualified taxpayers an extra year to replace livestock and defer tax on gains from the forced sales.…

Read more about Farmers Get More Time for Drought Relief Measures