OBBBA reshapes taxes, credits and succession planning in one sweeping package – bringing relief and complexity to farm families.

The livestock industry is thriving with high calf prices. Sound accounting principles are crucial for strategic investments and sustainable growth. Managerial accounting offers a broader perspective on expenses and profitability.

For the past several years, I’ve spoken to numerous groups about tax policy and where we are headed as a nation. I started these discussions by saying, “Where do we stand today …” and began talking through my views.