Home News Livestock Crops Markets Hay, Range & Pasture Home & Family Classifieds Resources This Week's Journal

Auction Calendar
Farm Survey

Reader Comment:
by Pamela Drew

"Lost in your lament over export obsticles is the basic truth that repeated claims of"....Read the story...
Join other discussions.


AFBF urges tax code changes

The American Farm Bureau Federation is urging members of Congress to support a change to the tax code that makes it more feasible for farmers and ranchers to donate food they grow to charitable organizations.

"Despite the wealth of our country, affordable food prices and ongoing government food assistance programs, some people still have difficulty purchasing food for a proper diet," AFBF President Bob Stallman wrote in letters to members of the Senate and House.

Stallman noted that Senate bill S. 1313, the Good Samaritan Hunger Relief Tax Incentive Extension Act of 2009, and similar legislation introduced in the House will encourage farmers to donate to hunger relief organizations. The new legislation would permanently allow farmers and ranchers to take advantage of tax deductions when they donate food they have grown, regardless of how they file their taxes. Under current law, which expires at the end of 2009, only farmers and ranchers who use the accrual method of accounting may benefit from incentives for charitable donations of food.

Stallman pointed out that some farmers and ranchers already donate food they grow to charitable organizations that feed the hungry. "Many more would do so if they were able to bear the costs of harvesting, processing and transportation," Stallman said.


Click for related articles Meeting up with the Zeorians
NCBA opposes food safety legislation
Upcoming K-State agricultural events
New Mexico proposes special designation for waterways
Top 40 bull riders in the world return to Bozeman for one night
FAPC-OSU student wins first place in IFT competition

Comments on Articles article 2009- 31 - 0717taxcodebenefithungryPR1.cfm
Add Your Comment
To post a comment on this story, enter your screen name and email address then click "Add Comment." Your email address will not be displayed.


241 Recommend | 0 Comments

Agriculture News from HPJ - Your Ag News Source
Google
 
Web hpj.com
Copyright/Privacy
Copyright 1995-2011.  High Plains Publishers, Inc.  All rights reserved.  Any republishing of these pages, including electronic reproduction of the editorial archives or classified advertising, is strictly prohibited. If you have questions or comments you can reach us at
High Plains Journal 1500 E. Wyatt Earp Blvd., P.O. Box 760, Dodge City, KS 67801 or call 1-800-452-7171. Email: webmaster@hpj.com

Search HPJ






Canola U registration
Harvest Heroes ad




Inside Futures

Editorial Archives