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.
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.
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Latest Tax Talk
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
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Business Tips and Tools
Exceptionally Wet Weather Conditions Lead to Delayed Planting in New York
While corn and soybean crop planting is slightly ahead of last year nationally, it is way behind in New York and across the Northeast, due to unusually cold and wet weather, making field work difficult.
June 24, 2025
Crop Insurance
Livestock Risk Protection (LRP) Expanded Coverage: What Livestock and Dairy Producers Need to Know
The USDA Risk Management Agency (RMA) has announced significant updates to the Livestock Risk Protection (LRP) program for the 2026 crop year, effective July 1, 2025. These changes are designed to give producers more tools to manage risk and better align coverage with market dynamics.
June 16, 2025
Business Tips and Tools
Proactive Strategies for Business Success: Preparing your business for the long term
If retirement is on the horizon, the sooner you can start thinking about succession planning, the better. Whether your plan is to transition your business to the next generation or a non-family successor, you should be speaking to a consultant or advisor on how to make it a smooth transition.
June 11, 2025
Crop Insurance
Prevented Planting
Prevented planting crop insurance options can get confusing. Contact your Crop Growers agent to see if it is the right fit for your operation!
June 09, 2025
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