News
Is 199A Fix Near?
02/23/2018Since shortly after President Trump signed the Tax Cuts and Jobs bill, lawmakers started working to fix the unintended consequences of Section 199A which gave significant tax benefits to co-ops and putting non co-op grain buyers at a disadvantage. One key Senator thinks a legislative fix is within grasp.
According to Sen. Chuck Grassley (R-Iowa), an agreement on the language to alter the Section 199A tax provision contained in the tax reform law has been reached.