For the last 10 weeks, 17 interns across eight offices interned at Farm Credit East working on a number of different projects. I worked out of the Enfield, Conn., office where I went on farm tours, shadowed employees, worked on my focused summer project, and so much more!
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In April, we discussed that the Supreme Court was hearing arguments in the Connelly v U.S. case regarding life insurance proceeds. With this case now decided, it will be important for individuals and small businesses owning life insurance to fund buy/sell agreements to include a review of these policies.
July 5, 2024
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The recent Northeast flood events have been devastating for Farm Credit East customers and others in the affected areas, particularly those in Vermont. The IRS has released tax relief information for individuals, households and businesses. Following is federal tax relief guidance applicable to anyone located in a FEMA-declared disaster county along with state tax relief specific to those located in Vermont’s 14 hard-hit counties.
July 26, 2023
The importance of succession planning for farmers cannot be overstated. Without a well-thought-out succession plan, the future of the farm and the livelihoods of those who depend on it are at risk. Succession planning can help ensure the family farm remains operational and productive, the farm's legacy is preserved, and the family's financial future is secure.
July 18, 2023
Raising chickens is nothing new. However, a less common practice that has recently started gaining popularity are backyard chickens. More and more people are opting to raise chickens for eggs in their own backyard. Before you jump in, here are a few important things to consider when evaluating whether backyard chickens are for you.
July 12, 2023
The House Ways and Means Committee recently announced The American Families and Jobs Act, which includes three bills (H.R. 3936, H.R. 3937, and H.R. 3938) that could impact farmers.
July 06, 2023