IRS: drought-affected farmers see tax relief in four local counties
- Posted on September 16, 2026
- By Bing News
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IRS: drought-affected farmers see tax relief in four local counties
PENNSYLVANIA (WTAJ) — The Internal Revenue Service (IRS) has issued guidance extending tax relief for farmers and ranchers in 49 states who were forced to sell or exchange livestock because of drought conditions. Under Notice 2026-54, affected producers have additional time to replace livestock and may defer taxes on profits from those forced sales or […]
