WASHINGTON– The Internal Revenue Service hosted a public hearinglast week on a Department of Treasury proposed rule that would eliminate or greatly reduce available valuation discounts for family-related entities. Kevin Kester, National Cattlemen’s Beef Association vice president, said the regulation would effectively discourage families from continuing to operate or grow their businesses and passing them on to future generations. Many cattle operations are family-owned small businesses, facing the same concerns as other small-businesses - making payroll, complying with numerous federal and state regulations, and paying bills, loans, and taxes....
Southernlivestock.com is your source for the latest news and information pertaining to beef, cattle and beef cattle production. Thousand s of articles are archived on topics such as animal health, artificial insemination, pastures, forage and rangeland, livestock feed & nutrition, livestock and cattle reproduction, beef cattle genetics, cattle production feature stories and the latest on cattle breed news.
It includes features like customizing your local weather forecast, the latest market updates, as well as the latest from the AP news wire. And don’t forget our ever popular pages like the Cattle Sale Calendar page, the Cattle Sale Reports page and the Cattle Market Reports page.
Article Categories: All Industry News Herd Health Feed & Nutrition Pastures & Forages Reproduction Marketing Columnists Production Genetics & Performance Weather Forecast Breed News Producer Feature Stories Items of Interest New Products Recipes