IRS Extends Tax Relief for Drought-Stricken Farmers and Ranchers in 41 States
It applies to those forced to sell or exchange livestock because of persistent drought conditions.
A solar panel range is seen in what was once a field used for agriculture, in California's drought-stricken Central Valley near Huron, Calif., on July 23, 2021. ROBYN BECK/AFP via Getty Images
The IRS has announced that it is extending tax relief for farmers and ranchers in drought-stricken regions of the country.
The agency said in a statement on Sept. 30 that the relief applies to those forced to sell or exchange certain categories of livestock because of persistent drought conditions.
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.