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8th Circ. Rejects Farm Leasing Co.'s Switch To Amortization

By Kat Lucero ( June 6, 2025, 6:13 PM EDT) -- The Eighth Circuit denied an Arkansas farm leasing company's action to amortize federal subsidy-eligible land to reduce its tax liability, affirming Friday that the company was not authorized to make such accounting changes without approval from the Internal Revenue Service....

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