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

Farm Credit

Employee Spotlight: A Day in the Life of Tax Specialist Phil Murphy

Elisabeth Olcott

As a tax specialist with Farm Credit East's Financial Accounting Services (FAS) team, Phil helps agricultural businesses navigate everything from annual tax preparation and year-end planning to farm transitions and succession planning. While tax season is certainly a busy time, his work extends far beyond April deadlines. 

November 3, 2026

Photo of Phil Murphy, Fam Credit East Tax Specialist

Latest Tax Talk

Close-up of a fuel pump showing diesel and gasoline grade buttons, with the Tax Talks logo.
Tax Talks
Update: Diesel Fuel Tax Provisions

Earlier this month, Executive Order, Emergency Tax Relief on Diesel Fuel, was signed by the President with the purpose of deferring certain diesel fuel tax payment obligations and to provide penalty relief. As a result, the IRS acted and indicated it will not impose a penalty when dyed diesel fuel is sold for use or used on highways nationwide. 


October 22, 2026

Today's Harvest Blog

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Business Tips and Tools
Stay Cyber Safe: 6 Tips to Spot Email Spoofing

October is Cybersecurity Awareness Month, and Farm Credit East is committed to providing awareness of common online threats like fake emails (phishing or spoofing), harmful software (malware), and trickery (social engineering), as well as providing the resources and support you need to understand and navigate these challenges. Learn how you can protect yourself. 

 

October 15, 2024

 A corn field and farm buildings in the Finger Lakes Region of Upper New York with Tax Talk logo in lower right corner
Tax Talks
A Guide for Understanding New York State Land Credits

As we navigate the complexities of tax season, it's essential to stay informed about the various credits and deductions available to you. One such benefit is the Farmers School Tax Credit (FSTC), a valuable resource for those engaged in the business of farming. This blog aims to provide a high-level overview of the FSTC and Manufacturer’s real property tax credit to ensure you have the information needed to maximize your tax savings.

October 08, 2024

Rural home Construction In Framing Stages
Business Tips and Tools
5 Steps to Building Your Rural Home

Whether you already own rural land or are searching for your future construction site, building a home in the country doesn’t have to be a hassle. Read on for tips from the team at Country Living Loans for building your dream rural home — from lot purchase to final mortgage.

October 02, 2024

Small business owner going through paperwork with her workers at garden center.
Tax Talks
Beneficial Ownership Information: Who is Required to Report?

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

Meet the Authors

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