Farm CPA Report

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Final House Proposal on Taxes

It appears we have a final proposal from the House Ways and Means Committee on income taxes

Paul Neiffer's avatar
Paul Neiffer
May 12, 2025
∙ Paid
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Photo by Federico Respini on Unsplash

WARNING - This a very long post but we highly recommending reading it all the way through.

The House Ways and Means Committee released a 432-page proposal today outlining income tax changes. Even if we get a tax bill this year, it will not contain all of these proposals since it still needs to officially pass the House and then go to the Senate where there will be changes for sure.

We outlined some of the proposals from last Friday. Here is an update on new proposals released today:

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