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.
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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
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Here at Farm Credit East, we’re thankful for the region’s producers who provide the abundance of fresh, local food to fill our table this Thanksgiving.
November 23, 2021
Last week, Farm Credit staff, directors, farmers, ranchers, foresters and fishermen from across the nation traveled to Washington, D.C., for the bi-annual Farm Credit Fly-In. The two-day event consisted of hundreds of legislative visits, both in-person and virtual, as well as a marketplace showcasing agricultural products from across the country.
November 09, 2021
Building a house can be a stressful venture, but Country Living Mortgage Specialist Anthony Oliver gives readers the first few steps to consider before getting involved in the rural home construction process.
November 02, 2021
Originally published in Hoard's Dairyman, this article by Roger Murray, Farm Credit East Chief Marketplace Officer, touches on limiting legal risk, specifically farm regulatory compliance, human resource issues and liability risk.
October 26, 2021