Today’s Harvest Blog

Today’s Harvest is a valued, timely resource for stories, news, tips and information relevant to Northeast agriculture and our customers.
Farm tractor in a field during the fall harvest

Latest From Today's Harvest Blog

Business Tips and Tools

The Value of the Cooperative Model

Kristie Matuszewski

2025 marks the International Year of Cooperatives. Additionally, each October is observed as the national Co-Op month to recognize the value of people-centered businesses. Farm Credit East is proud to be a cooperative, collectively owned and operated by its customers. This cooperative ownership means customers have a voice in their cooperative through a customer-elected board of directors who are also customer owners. 

October 16, 2025

Map of the New York, New Jersey and New England states with check box above the map that read Your Voice in Ownership

Latest Tax Talk

Close-up of a U.S. Treasury tax refund check and IRS form 1042-S on top of a financial statement. Symbol of federal tax return and income reporting.
Tax Talks
Federal Government to Phase Out Paper Checks: What It Means for You

Early in 2025, the federal government announced an Executive Order aimed at modernizing how federal payments are handled. Under Executive Order 14247, signed in March 2025, all federal disbursements and receipts will transition to electronic formats by September 30, 2025. This change will impact individuals, businesses and organizations that receive or make payments to the federal government. 

September 30, 2025

Today's Harvest Blog

Tractor preparing field for planting
Tax Talks
Claiming Federal Fuel Tax Credits in 2024: What Farmers Need to Know

Before filing your taxes for 2024, take a look to see if your farm operation can claim the Credit for Federal Tax Paid on Fuels. Today's blog covers the requirements, including a new Fuel Tax Credit Statement checklist which needs submitted as well. 

February 27, 2025

Hispanic woman enjoying success in a flower shop surrounded by lush greenery and laptop on desk with BOI Update graphic.
Tax Talks
BOI Enforcement Again Halted

On Thursday December 26, 2024, the Fifth Circuit Court of Appeals reinstated a lower court’s halt on the enforcement of Beneficial Ownership Information (BOI) reporting. This latest ruling reverses the order for the same court earlier in the week.

December 30, 2024

Adult male in agricultural field using a tablet
Tax Talks
BOI Enforcement Resumes with Deadline Extension

On December 23, 2024, the Fifth Circuit Court of Appeals reinstated the obligation of reporting companies to file their Beneficial Ownership Information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN).   

December 26, 2024

BOI Update
Tax Talks
Important Beneficial Ownership Information Update

New updates-read more here.

The United States District Court for the Eastern District of Texas recently ruled on the case of Texas Top Cop Shop, Inc. v. Garland placing an injunction, that applies nationwide, on the enforcement of the Corporate Transparency Act (CTA). This means that the federal government will be prohibited from enforcing the CTA and, for the time being, BOI reporting is voluntary.

December 10, 2024

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