In agriculture, change is a constant. With the many variables those in agriculture deal with each day — weather, wildlife, disease, markets, consumer preferences — technology may be one of the easier variables to adapt, adopt and hopefully add value to the operation for the long term. In fact, farmers are often early adopters of new technologies, but what benefits can new technology, including Artificial Intelligence (AI), bring to an operation? Let’s break it down.
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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 8, 2024
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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
In today's Tax Talk, Farm Credit East's Dario Arezzo examines the New York State Department of Environmental Conservation (DEC) proposal to amend regulations relating to the Forest Tax Law program. This program provides landowners a reduction in real property taxes on their enrolled forest lands if certain conditions are met.
July 26, 2022
May 10, 2022