Congress is debating the first major tax reform package in more than 30 years. This is no small task, and if the right provisions are set in place, an updated federal tax code could yield real economic growth across rural America.

We’ve been busy reviewing the tax plan details, looking to the bills coming out of committee and keeping our eyes set on our primary goal: reducing the tax burden for America’s farms and ranches. We talk a lot about how farms and ranches face unique challenges, and that fact becomes all the more clear during tax season.

For example, 94 percent of all farms are...