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
Today’s Harvest is a valued, timely resource for stories, news, tips and information relevant to Northeast agriculture and our customers.
Latest From Today's Harvest Blog
Latest Tax Talk
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
Today's Harvest Blog
The search results are displayed
Business Tips and Tools
Are You Grant Ready?
Grants are competitive, but there’s a lot in your control to prepare for success. Read these helpful tips to get you started.
March 07, 2024
Business Tips and Tools
Helping Producers Navigate Funding Sources
Grants can be a great resource to provide additional funds needed to take on larger projects, but they’re often under-utilized because they can be time consuming and involve quite a bit of paperwork. To help Northeast agricultural producers navigate funding options, Farm Credit East recently released an update to its report, Grants and Incentives for Northeast Agriculture.
August 15, 2023
Farm Credit
Farm Credit East Team FFA Roots
The Farm Credit team believes in the future of agriculture. In fact, many members have roots in agriculture. In honor of National FFA Week (February 18-25, 2023), we recently polled our staff about their rural upbringings and FFA involvement. While the results weren’t surprising, we still found them impressive and wanted to share!
February 20, 2023
Tax Talks
USDA Emergency Relief Programs for Producers
Emergency Relief Program (ERP) phase one closed on December 16, 2022. Phase two opened on January 23rd and runs through June 2, 2023. The funds appropriated by Congress will be distributed through the Emergency Livestock Relief Program (ELRP) and the ERP. Regarding ELRP, the Farm Service Agency will release more information once they have finished its analysis on the 2021 drought and wildfire impacts on livestock producers.
January 30, 2023
Meet the Authors
Connect with and discover our Today’s Harvest blog authors and their broad range of financial and northeast agricultural expertise.