Provisions in the Tax Cuts and Jobs Act are set to expire in 2025 and could result in farmers, ranchers and business owners potentially paying more of their inheritance to the federal government.The comprehensive tax cut package was enacted in 2017, and it lowered taxes for most individuals and businesses, including farms and ranches.“The Tax Cuts and Jobs Act is extremely important for farmers, ranchers and small businesses,” Laramie Adams, Texas Farm Bureau associate director of Government Affairs, said. “The tax deductions and estate tax exemption provide much-needed relief to many farmers and ranchers. Without these provisions, taxes will increase,