Ranchers may be benefiting from recent tax cuts. The Working Families Tax Cuts, signed into law by President Trump, have been in effect for a year.

This legislation allows ranchers to deduct a portion of their business income and write off certain equipment purchases. Further details on the tax cuts and their effects are available from the Odessa American.

For more information on how the Working Families Tax Cuts are impacting local ranchers, readers can consult the original article by Steven Snow, available on oaoa.com.