Balanced Reporting. Trusted Insights. Thursday, October 28, 2021

Items Tagged with 'California Department of Food and Agriculture'

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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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Karen Ross

Q+A with CDFA Secretary Karen Ross

During February, CDFA’s Office of Environmental Farming and Innovation held a series of meetings with farmers and ranchers to get their input on ways to sequester carbon, reduce greenhouse gas emissions and improve biodiversity to help meet California’s climate goals. CDFA released a preliminary report from those sessions Tuesday (March 30). Secretary Karen Ross spoke with Agri-Pulse about those meetings and how ag is contributing to the state's climate goals.
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