IRS Adds Time to Replace Some Livestock
Farmers and ranchers hard-hit by drought in parts of the U.S. have gotten a little help from the Internal Revenue Service.…
IRS Extends Time to Replace Drought-Sale Livestock
The Internal Revenue Service announced last Friday that they would be extending the amount of time that ranchers and farmers have to replace livestock that they had to sell as a result of drought by one year. It’s worth noting that the extended replacement period only applies to draft, dairy, and breeding livestock.…
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