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.
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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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As part of Farm Credit East’s stewardship strategy, it has established a number of programs over the years to contribute to industry support organizations and the communities where our customers and staff live. In 2021, we celebrate milestones for a few of these stewardship programs.
December 22, 2021
Chris Torres at American Agriculturist recently spoke with Farm Credit East Senior Tax Consultant, Dario Arezzo, about the 2022 tax season. Read their discussion for insights into your 2022 tax planning strategy.
December 15, 2021
As a cooperative, our customers are at the core of everything we do. To celebrate our loyal customer-owners, Farm Credit East held a virtual Customer Appreciation Meeting as well as several in-person events across the Northeast over the summer and fall.
December 07, 2021
Massachusetts cranberry producers may have the ability to claim a new tax credit in the coming year. In today's Tax Talks, Dario Arezzo outlines the new provision and which producers qualify.
November 30, 2021