Missouri Dairy Business Update Commercial Agriculture
Volume 3, Number 8
August 2003

New Changes in Income Tax Laws for Farmers

The new tax cut package increased the popular section 179 expensing provision from $25,000 to $100,000 in 2003. To see a brief update on the farm specific parts of the new tax law check out this article http://agebb.missouri.edu/agtax/issues/tidbits/7-03.pdf on Parman Green's Ag Tax Tidbits website:

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