Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
    
   
   
   
   
   

Agricultural News


Oklahoma Cattlemen Cheer House Passage of One Year tax Extender Deal

Thu, 04 Dec 2014 02:46:47 CST

Oklahoma Cattlemen Cheer House Passage of One Year tax Extender Deal The Oklahoma Cattlemen's Association is pleased with the passage of the so called "Tax Extenders" package by the US House of Representatives on Wednesday. OCA Executive Vice President Michael Kelsey released the following statement to the Oklahoma Farm Report on Wednesday afternoon:


The Oklahoma Cattlemen’s Association is very appreciative of the US House of Representatives vote today that addresses a looming problem for Oklahoma farmers and ranchers. In a compromise deal, the House overwhelming approved a proposal that expands the expired Section 179 tax deduction from $25,000 to $500,000 for one year. The bill also addresses allowed depreciation which is important for equipment purchases like tractors and trailers.

“We are very grateful that the House took this important action today. This issue has been federal priority one for OCA since November 14th,” said Michael Kelsey, OCA Executive Vice President. “We are hopeful that the Senate will take up this issue soon providing Oklahoma farmers and ranchers some time before year’s end to make important business decisions.”



   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Wednesday, April 8, 2020 Market Wrap-Up with Justin Lewis  Wed, 08 Apr 2020 14:45:39 CDT
  • USDA Releases Assistance Guidance for Oklahoma’s Ag Producers Applying for the Paycheck Protection Program  Wed, 08 Apr 2020 13:14:47 CDT
  • National Sorghum Producers Announces 2020 Sorghum Yield Contest  Wed, 08 Apr 2020 10:44:47 CDT
  • NCBA Requests President Trump Expand USDA Market Investigation, Examine Futures Markets   Wed, 08 Apr 2020 09:45:47 CDT
  • Oklahoma Sec. of Ag Blayne Arthur Requests USDA to Quickly Aid The Beef Cattle Industry  Wed, 08 Apr 2020 10:42:22 CDT
  • Why Cow-calf Producers Should Record Multiple Births in Their Herds  Wed, 08 Apr 2020 08:05:47 CDT
  • Crop and Livestock Prices Plunge Under Weight of COVID-19 Uncertainty  Wed, 08 Apr 2020 08:00:47 CDT
  • Wednesday Preopening Market Update with Dave Lanning  Wed, 08 Apr 2020 07:01:57 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma City Farm Show KIS FUTURES, INC. Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment AFR Insurance Stillwater Milling Oklahoma Cattlemen's Association

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.