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What is Not Included in the "Big, Beautiful Bill"
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What is Not Included in the "Big, Beautiful Bill"

We review the tax provisions that did not make it into the bill

Paul Neiffer's avatar
Paul Neiffer
May 14, 2025
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Farm CPA Report
What is Not Included in the "Big, Beautiful Bill"
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red cherries
Photo by Quaritsch Photography on Unsplash

We have a proposal from the House on income taxes which we have discussed in previous posts. However, there are certain tax items that did not make the bill.

First, President Trump had discussed dropping the corporate tax rate to 15% for domestic production. This is not in the bill. If enacted, we would see many farmers consider switching to a C corporation.

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