Agricultural Economics Department


Date of this Version

August 2004


Published in Cornhusker Economics, 08/11/2004. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.


Although there have not been many changes to the tax law this year, there are a few things to keep in mind with tax planning this fall. In the past couple of years we have seen major law changes with short-term lives. The major change affecting farmers this year is the end of the bonus depreciation allowances.