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.
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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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Ag Economy
2023 Northeast Wine Grape Outlook
Our recently published, 2023 Northeast Wine Grape Outlook, written by Hans Walter-Peterson, Senior Viticulture Extension Specialist Cornell Cooperative Extension, reviews recent years of grape production, and a forecast of what is to come for 2023.
March 28, 2023
Ag Economy
2023 Northeast Apple Industry Outlook
This article takes a deep dive into U.S. apple production, price and export trends in an attempt to unpack a growing concern of many in the industry, what will happen when Washington produces at or near capacity?
March 21, 2023
Ag Economy
Scallops: The hidden driver of New England’s Fisheries Value
For our 2023 aquatic and commercial fishing outlook, John Sackton, Seafood.com News founder and seafood markets specialist, gives a recap and comparative analysis of the shellfish species contributing to New England Fishery values.
March 09, 2023
Ag Economy
2023 Outlook for the Forest Products Industry
Forest Economic Advisors, LLC (FEA) examines the forest product markets over the coming year. Rising interest and mortgage rates will most likely cause economic activity to slow in 2023. This is expected to be short lived, however, with optimism on the horizon in 2024. Read the full report.
February 28, 2023
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