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

Beneficial Ownership Information: Who is Required to Report?

Farm Credit East Knowledge Exchange

Earlier this year, Farm Credit East held a webinar reviewing The Corporate Transparency Act and the new Beneficial Ownership Information (BOI) reporting requirements that went into effect on January 1, 2024. Several webinar attendees asked questions about how these requirements apply to different business structures.

September 24, 2024

Small business owner going through paperwork with her workers at garden center.

Latest Tax Talk

Middle aged woman completing tax paperwork
Tax Talks
Navigating Charitable Contributions Post-TCJA

The Tax Cuts and Jobs Act (TCJA) enacted in 2017 and in effect from 2018 – 2025 has had a substantial effect on itemizing deductions. The resulting changes have impacted the tax consequences of making charitable contributions, especially for senior citizens. A remedy to this can be to use Qualified Charitable Distributions (QCD) from an IRA account.

August 28, 2024

Today's Harvest Blog

Agricultural potato harvest with harvester
Crop Insurance
3 Special Crop Insurance Options for Northeast Potato Growers

2023 was a wet growing season in the Northeast. As a result, the more than 240 Northeast potato producers growing 63,000 acres of potatoes endured a tough growing season loss. Many Northeast potato farmers use crop insurance to help manage this risk. Below are three endorsements that tailor the USDA RMA potato crop insurance policy for potato operations.

January 30, 2024

Illustration of padlock in a circle surrounded by digital security items on a dark background with lines representing digital paths.
Business Tips and Tools
5 Tips to Protect your Information Amidst Heightened Cybersecurity Scams

Cyber threats are increasingly common — from cybercriminals gaining access to personal accounts, to ransomware attacks resulting in malicious software that lock computers until a ransom is paid. Following are five tips to help prevent you from becoming a victim of a cyber scam and ensure your information remains secure.

 

January 23, 2024

Confident female farmer standing outdoors near car on background with farm field on fall day, signing some papers
Tax Talks
What you Need to Know about Beneficial Ownership Information Reporting for your Business

Starting January 1, 2024, most United States (U.S.) entities must report information about the beneficial owners of their businesses to strengthen the integrity of the U.S. financial system by making it harder for illicit actors to use shell companies to launder their money or hide assets. This blog article explores the key elements of the BOI reporting rule and what actions your business needs to take. 

January 18, 2024

Land plot Consist of aerial view of greenfield, position point and boundary line to show location and area
Business Tips and Tools
Partial Property Release - What You Need To Know

Have you heard the term partial property release and are wondering what it means and why you might want to split up your property? Today, we’re going to focus on what to do if you already own multiple parcels or a larger, single property and would like to split up or sell portions of the property. 

January 12, 2024

Meet the Authors

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