Drake Software blog for tax pros, covering tax, IRS news, and more

Livestock Owners Reminded of Tax Break Due to Drought

Livestock Owners Reminded of Tax Break Due to Drought

While some parts of the U.S. will be glad to see sunny skies, other areas remain in a drought situation. Parts of the far west, Texas, the south and Alaska and Hawaii—even parts of Puerto Rico—are dealing with officially declared drought conditions, according to the Department of Agriculture.…

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More Time to Replace Livestock due to Drought

More Time to Replace Livestock due to Drought

While too much rain due to tropical storms and hurricanes has been the big news in the eastern U.S. recently, out west, the problem has been not enough rain. Many farmers and ranchers have had to sell off their herds of livestock because of the dry conditions.…

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