Northeast farmers have faced significant challenges from severe weather events in recent years. For producers in Connecticut, Massachusetts and Maine impacted by weather-related losses in 2023 and 2024, funding has been made available to help recover losses, rebuild operations and strengthen long-term business resilience. The program is funded through USDA resources and administered by state departments of agriculture.
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Back in July 2025, we provided some insights into the new 20% Investment Tax Credit (ITC) that Connecticut Farmers can take advantage of starting in 2026. Recently, the state put out some additional guidance on the credit. Today’s blog will review the overall credit and the additional guidance so that farmers can plan for the new changes.
August 31, 2026
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When people think of taxes, they typically think of their annual return. However, to best manage tax liabilities and optimize tax credits, tax planning should be an ongoing process. Even more so, over the past few years, several states in the Northeast, namely New York, have unprecedented tax incentive programs for businesses.
August 12, 2025
August 06, 2025
The recently passed One Big Beautiful Bill marks a pivotal moment for risk management in American agriculture. Among the most farmer-friendly changes is the overhaul of the Whole Farm Revenue Protection (WFRP) program — an insurance policy designed to provide a safety net for diversified farms based on their historic revenue.
August 07, 2025
The One Big Beautiful Bill Act, signed into law in early July, is a comprehensive piece of legislation with significant implications for various sectors, including agriculture. Farm Credit East recently hosted a webinar on the agricultural provisions of the bill, highlighting the tax and crop insurance implications for Northeast agriculture. Following are the key takeaways from this webinar.
July 29, 2025