Those forced to sell livestock due to a severe drought have added time in which to buy replacement livestock in order to avoid gain from the sale. The IRS extended the replacement period for farmers in certain localities in the U.S., which are listed in the appendix to an IRS notice.

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Those forced to sell livestock due to a severe drought have added time in which to buy replacement livestock in order to avoid gain from the sale. The IRS extended the replacement period for farmers in certain localities in the U.S., which are listed in the appendix to an IRS notice.

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