Wednesday, November 21, 2018 7:49AM CST
By ending like-kind exchanges for equipment, trade-ins will now be considered as two transactions. While the income implications are offset by generous depreciation rules at the federal level, states haven't followed suit, and that's where taxes could get tricky.
Wednesday, November 21, 2018 7:43AM CST
Cabinet secretaries talking about forest management said they need specific language in the farm bill to deal with fire suppression, but insisted what they are calling for does not amount to clear-cutting. Other lawmakers tied into negotiations also are sharing their views about what they see are priorities as negotiations over the next farm bill continue.