Revisit the farm's interest-deduction assumptions
Updated: 1 hour ago
Tax planning · Archive edition: 2026-09-23. Added to AGCPA Insider October 2, 2026; sources checked October 2, 2026.
A farm's interest expense can change quickly as debt, rates and operating needs change. The tax treatment can also depend on an election made years earlier. Before carrying last year's approach into a new projection, locate that election and review the current rules.