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Peche family faces tax reform impact on dairy termination program
Taylor County dairy farmer Richard Peche and his wife Karen, enrolled in the third period of the Dairy Termination Program, fear loss of investment tax credits income averaging and capital gains changes. They computed bids for three periods with a $178,840.56 maximum payment and discuss shifting payment timing and tax treatment amid Capitol Hill reform. They have contacted Rep. Obey and Sens. Easten and Proxmire seeking guidance on transition rules and credits while converting barns for steers.
MENTIONED IN THIS ARTICLE
Richard
Karen Peche
Taylor County
Congress
Peche