In July 2025, the One Big Beautiful Bill Act (OBBBA) made many changes to the tax code, including some especially relevant to farm estate and succession planning.
When the federal government shut down on October 1, the U.S. Department of Agriculture (USDA) suspended most regular operations across its agencies and began operating on a very limited basis.
Congress is in the midst of using the budget reconciliation process to work through and potentially pass the One Big Beautiful Bill Act. On May 22, 2025, the U.S.