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IRS Adds Time to Replace Some Livestock

Bob Williams - September 28, 2021
IRS Adds Time to Replace Some Livestock

Farmers and ranchers hard-hit by drought in parts of the U.S. have gotten a little help from the Internal Revenue Service.…

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IRS Extends Time to Replace Drought-Sale Livestock

Ryan Norton - October 04, 2016
IRS Extends Time to Replace Drought-Sale Livestock

The Internal Revenue Service announced last Friday that they would be extending the amount of time that ranchers and farmers have to replace livestock that they had to sell as a result of drought by one year. It’s worth noting that the extended replacement period only applies to draft, dairy, and breeding livestock.…

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