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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Country Living Senior Mortgage Specialist, Sandra Lemon, explains the advantages and disadvantages of buying points on your mortgage to lower your interest rate and how it can potentially save you money over the life of the loan.
March 14, 2023
Living in rural America provides an abundance of fresh air and sunshine (at least during the summer months here in central New York), but what else should you consider when moving to a rural area?
January 16, 2023
Buying a rural home or property can seem like a daunting task, especially for a first-time home buyer. In today's blog, Country Living Mortgage Specialist, Kali Kraeger, outlines what you can expect to happen during the loan application cycle from start to finish.
February 08, 2022
Building a house can be a stressful venture, but Country Living Mortgage Specialist Anthony Oliver gives readers the first few steps to consider before getting involved in the rural home construction process.
November 02, 2021