In the wake of Hurricane Debby, Governor Kathy Hochul announced a comprehensive emergency assistance program to support homeowners in Allegany, Delaware, Franklin, Steuben and St. Lawrence counties. This initiative, spearheaded by New York Homes and Community Renewal (HCR), aims to provide critical repairs and financial support to those affected by the storm.
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.
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Tax Talks
Navigating Charitable Contributions Post-TCJA
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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Ag Economy
The Lobster Industry in 2022
In today's blog, Melissa Waterman, Maine Lobstermen's Association, gives a recap of the lobster industry in 2021, as well as an outlook for 2022. This paper, along with more highlighting other industry outlooks in the Northeast, can be found in Northeast Agriculture: 2022 Insights & Perspectives.
April 12, 2022
Ag Economy
2022 Grain and Oilseed Outlook
In today's blog, Zach Harding, The Andersons Inc., gives a recap on the grain and oilseed industry in 2021, as well as an outlook for 2022. This paper, along with more highlighting other industry outlooks in the Northeast, can be found in Northeast Agriculture: 2022 Insights & Perspectives.
April 04, 2022
Tax Talks
IRS Provides Penalty Relief for Farmers
Notice 2022-13 was recently released and provided all qualifying farmers with relief from the March 1 deadline, so long as they file and pay their taxes by April 18 (or April 19 for Maine and Massachusetts farmers). In today's Tax Talks, Senior Tax Consultant, Dario Arezzo outlines the impacts Notice 2022-13 may have when examining your tax options.
March 29, 2022
Business Tips and Tools
Planning a Good Year
Whether you're planning for a banner year or bracing for the worst, the main factors in any business are planning and communication. Farm Credit East Business Consultant, Ethan Robertson, gives some specific examples of planning for the year ahead, as well as succession planning for further into the future.
March 22, 2022
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