Southern Crop

Southern Crop

Citrus Tax Incentive A Big Step Closer To Fruition

By a 400 to 20 vote, Republicans and Democrats approved the Emergency Citrus Disease Response Act, which allows growers to immediately expense the cost of planting new citrus instead of the standard 14-year depreciation period under the current IRS rules.

Read more about what this means for our citrus

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“The National Cotton Council is deeply concerned for the cotton growers, ginners, warehousemen and other industry members in the areas affected by Hurricane Harvey. We are currently assessing the impact, but it will take time before we fully understand the extent of the damage. We are working to get timely[…]

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