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A portion of the insurance premiums paid for crop insurance is subsidized, reducing the cost of insurance for risk management in agriculture.

Credits are available if the farmer provides housing for farmworkers, which can reduce the overall tax owed and support the workforce.

The land must be primarily used for agricultural purposes to produce income. Benefits include a reduced property tax rate which lowers operating costs.

Purchases like seeds, fertilizers, and machinery used directly in agriculture are exempt from sales tax. Savings from this exemption can directly reduce production costs.

Farmers can claim credits or refunds for fuel taxes paid on fuel used for farming purposes, reducing their cost of operation.

Farmers can average their income over 3 years, potentially reducing the income tax due during high-income years by spreading income across lower brackets.

Farmers can deduct costs of conservation practices that prevent soil erosion. Benefits include a lower taxable income, thus reducing income tax liability.

When a farm is passed down to heirs, the first $11.7 million (as of 2021) is exempt from estate tax, lowering the tax burden for family-owned farms.$

A credit is available for investments in storage facilities and equipment, which can offset tax liabilities and incentivize modernization of farming operations.