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NCBA Endorsed Disaster Tax Relief Bill Passes Senate
Today, the National Cattlemen’s Beef Association (NCBA) thanked the U.S. Senate for passing the Federal Disaster Tax Relief Act (H.R. 5863). In addition to providing much needed relief to victims of hurricanes, this legislation would provide tax relief for cattle producers who received payments due to wildfires. Previously, these payments counted as taxable income, meaning producers who already suffered from disasters were hurt again by having their relief payments taxed.
“It is heart breaking to see your farm or ranch destroyed by a disaster and it only...
NCBA Shares Hurricane Helene Disaster Resources
Today, the National Cattlemen’s Beef Association (NCBA) shared updated information about disaster relief programs available to cattle producers impacted by Hurricane Helene and opportunities to support disaster recovery through NCBA state affiliates.
“The cattle industry is a family and together we will recover from the devastation brought by Hurricane Helene,” said NCBA President Mark Eisele. “I encourage you to utilize the relief programs available through USDA and contact NCBA if you encounter any challenges or need assistance.”
The U.S. Department of Agriculture (USDA) has extended flexibilities and waivers to disaster...
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