In a previous Tax Talks blog article, we talked about energy credits. An energy credit not discussed is the Production Tax Credit (PTC) under Internal Revenue Code (IRC) section 45Z. This credit incentivizes the domestic production of sustainable transportation fuels, such as those that may be generated by an on-farm biomass digester, offering a per gallon tax credit for qualified fuels produced by the taxpayer and sold to an unrelated person.
Today’s Harvest Blog
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Tax Talks
New York Farm Employer Overtime Credit – Advance Application Opens July 1
In December 2023, we shared to important Tax Talks blog articles on the New York Employer Overtime Credit. The time to apply for an advance of the credit is fast approaching with NYS Ag and Markets opening the application on July 1, 2024.
July 2, 2024
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Profitability
Returning Customer Value through Patronage Dividends
For the past 28 years, Farm Credit East has returned a share of its earnings to customers in the form of patronage dividends – a benefit of cooperative ownership. In fact, since the patronage program was first adopted, customer-owners of Farm Credit East (and predecessor cooperatives) have received more than $1.4 billion in dividends from ownership of their cooperative. But what exactly is a patronage dividend?
February 27, 2024
Business Tips and Tools
Farm Credit Connect: Your Digital Portal
Farm Credit Connect, Farm Credit East's customer portal provides customers with a secure environment to complete transactions and interact with their Farm Credit East team. Learn more about the features and benefits of using Farm Credit Connect to compliment your Farm Credit East relationship.
January 04, 2024
Farm Credit
Your Partner into the Future
As of January 1, 2022, Farm Credit East and Yankee Farm Credit have officially merged with overwhelming stockholder approval. CEO Mike Reynolds outlines his optimism and plans for the future of the Northeast cooperative in today's blog.
January 04, 2022
Farm Credit
Committed to Agriculture and Rural Communities
As part of Farm Credit East’s stewardship strategy, it has established a number of programs over the years to contribute to industry support organizations and the communities where our customers and staff live. In 2021, we celebrate milestones for a few of these stewardship programs.
December 22, 2021
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