Blog: Insights From the Fastlane

In our earlier overview, we covered the major provisions of the OBBB Act that matter to agriculture. Now, let’s focus on practical applications—ways to align your purchases, sales, and income with the new law to optimize cash flow, preserve eligibility for programs, and reduce long-term tax exposure. 1. Combining Section 179 and Bonus Depreciation

The One Big Beautiful Bill (OBBB Act), signed into law on July 4, 2025, contains some of the most significant tax and agricultural provisions we’ve seen in years. Here’s a breakdown of the key points, with a focus on what they mean in practical terms for ranchers, farmers, and rodeo professionals. 1. Estate & Gift Tax Exemption — Protecting the