Balanced Reporting. Trusted Insights. Sunday, January 16, 2022

Rural

Workers with boxes (USDA shot)

OSHA moves toward development of heat standard

The federal government is increasing its oversight of farms and other operations where workers are exposed to extreme heat, launching an enforcement initiative and encouraging employers to provide water, rest, and shade as needed to cope with high temperatures.
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Capitol Building

Daybreak Sept. 14: Dems shield stepped-up basis, but target estate taxation

Farm groups are breathing a collective sigh of relief that congressional Democrats have dropped the idea of taxing capital gains at death, preserving the benefits of stepped-up basis. But many may still need to start talking to their tax advisers about just what’s in the legislation and how it could affect their tax planning.
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