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Federal News
IRS
RELEASES NEW FARMERS TAX GUIDE
The Internal Revenue Service has
released an updated version of
Publication 225, Farmers Tax Guide,
for use in preparing 2004 returns.
The publication explains how the
federal tax laws apply to farming.
There are a number of
administrative and tax law changes
for 2004. For example, the exclusion
of cost-share payments for small
watershed programs, standard
mileage rates, reforestation costs,
and postponing gain on
weather-related sales of livestock.
The Farmer's Tax Guide is available
from the IRS website at:
FARMER'S TAX
GUIDE |
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Congress Acts to Preserve Money for
Environmental Farming
WASHINGTON − The House voted Monday
to protect aid to farmers who convert to environmentally sound
practices....more |
NOAA Fisheries--designation
of critical habitat for salmon and steelhead....more |
Lawsuit Accuses Feds of
Mismanaging Conservation Program
SEATTLE — The
National Wildlife Federation has filed a federal lawsuit alleging
that duck, pheasant, and other ground-nesting bird populations are
being harmed by mismanagement of a government program that pays
farmers to set aside croplands.
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FUN FACT:
The cranberry gets its name from Dutch and German settlers, who
called it "crane berry." When the vines bloom in the late spring
and the flowers' light pink petals twist back, they have a
resemblance to the head and bill of a crane. Over time, the name
was shortened to cranberry.
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