Earlier this year, Farm Credit East held a webinar reviewing The Corporate Transparency Act and the new Beneficial Ownership Information (BOI) reporting requirements that went into effect on January 1, 2024. Several webinar attendees asked questions about how these requirements apply to different business structures.
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The Tax Cuts and Jobs Act (TCJA) enacted in 2017 and in effect from 2018 – 2025 has had a substantial effect on itemizing deductions. The resulting changes have impacted the tax consequences of making charitable contributions, especially for senior citizens. A remedy to this can be to use Qualified Charitable Distributions (QCD) from an IRA account.
August 28, 2024
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Following recent flooding and hail events across Connecticut, the U.S. Department of Agriculture (USDA) is offering the following programs to assist impacted farmers and livestock producers.
September 17, 2024
With severe weather and natural disasters becoming increasingly common, safeguarding your agricultural investments is more crucial than ever. Discover how Crop Growers, Farm Credit East’s insurance provider, is empowering farmers with innovative insurance products like Livestock Gross Margin (LGM), Livestock Risk Protection (LRP), and Dairy Revenue Protection (DRP).
September 03, 2024
In the ever-changing landscape of agriculture, farmers are constantly seeking ways to mitigate risk and protect their livelihoods. Livestock Risk Protection is an important risk management tool to safeguard your livestock investment.
August 13, 2024
If you're a livestock or hay producer concerned about unpredictable weather affecting your forage production, Pasture, Rangeland, and Forage (PRF) insurance is an important risk management tool to protect your operation from insufficient rainfall, offering flexible coverage levels and automatic claims processing.
July 31, 2024