IRS Grants Tax Relief to Drought-Stricken Farmers and Ranchers



If you're a farmer or rancher and drought forced you to sell your livestock, special IRS tax relief may help you. The IRS has extended the time to replace livestock that farmers were forced to sell due to drought.

If you're eligible, this may help you defer tax on any gains you received from the forced sales. The relief applies to all or part of 30 states affected by drought.

Here are several points you should know about this relief:

Please give us a call if you would like more information.

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