Senator Heitkamp Asking Ranchers be Given Tax Break Due to Drought
The deferment would be for a two year period on the sale of cattle
NORTH DAKOTA — Senator Heitkamp has asked the IRS commissioner to allow ranchers to defer paying capital gains tax due to the drought. The deferment would be for a two year period on the sale of cattle. The action is being requested due to the ongoing severe drought which has stretched for months across nearly half of the state….
