HYDE-SMITH INTRODUCES BILL TO SAVE FAMILY FARMS FROM THE FEDERAL ‘DEATH TAX’
HYDE-SMITH INTRODUCES BILL TO SAVE FAMILY FARMS FROM THE FEDERAL ‘DEATH TAX’
The ‘HERITAGE Act’ Updates IRS Valuation Limits to Allow More Families to Keep Their Farms After a Family Death
WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) today introduced the HERITAGE Act, legislation to ensure family farms and ranches can survive by helping heirs avoid having to sell productive farmland to pay federal estate or “death” taxes.
Hyde-Smith’s Helping Ensure Rural Inheritance Transfers...