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NCBA Update: Corporate Transparency Act on Hold and Disaster Tax Bill Passes Senate

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Manage episode 455186604 series 1133845
Content provided by Beltway Beef and National Cattlemen's Beef Association. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Beltway Beef and National Cattlemen's Beef Association or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
On this episode, NCBA Executive Director of Government Affairs Kent Bacus joins to provide an update on the preliminary injunction that has temporarily halted filing requirements under the Corporate Transparency Act and disaster tax legislation that recently passed the Senate. The Corporate Transparency Act has raised concerns for cattle producers due to complex filing requirements and high penalties. Bacus also discusses the passage of the Federal Disaster Tax Relief Act, which was strongly supported by NCBA. The bill reduces taxes on disaster relief payments and helps cattle producers recover from challenging conditions.
  continue reading

630 episoade

Artwork
iconDistribuie
 
Manage episode 455186604 series 1133845
Content provided by Beltway Beef and National Cattlemen's Beef Association. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Beltway Beef and National Cattlemen's Beef Association or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
On this episode, NCBA Executive Director of Government Affairs Kent Bacus joins to provide an update on the preliminary injunction that has temporarily halted filing requirements under the Corporate Transparency Act and disaster tax legislation that recently passed the Senate. The Corporate Transparency Act has raised concerns for cattle producers due to complex filing requirements and high penalties. Bacus also discusses the passage of the Federal Disaster Tax Relief Act, which was strongly supported by NCBA. The bill reduces taxes on disaster relief payments and helps cattle producers recover from challenging conditions.
  continue reading

630 episoade

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