In agriculture, change is a constant. With the many variables those in agriculture deal with each day — weather, wildlife, disease, markets, consumer preferences — technology may be one of the easier variables to adapt, adopt and hopefully add value to the operation for the long term. In fact, farmers are often early adopters of new technologies, but what benefits can new technology, including Artificial Intelligence (AI), bring to an operation? Let’s break it down.
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As we navigate the complexities of tax season, it's essential to stay informed about the various credits and deductions available to you. One such benefit is the Farmers School Tax Credit (FSTC), a valuable resource for those engaged in the business of farming. This blog aims to provide a high-level overview of the FSTC and Manufacturer’s real property tax credit to ensure you have the information needed to maximize your tax savings.
October 8, 2024
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The recent Northeast flood events have been devastating for agricultural producers in the affected areas, with those in Vermont, New Hampshire, Massachusetts and Connecticut particularly hard hit. So what should affected farmers do now?
August 01, 2023
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 short stretch of warm days in April prompted an early start to the growing season for vineyards and orchards across the Northeast. Many growers weren’t too worried given the mild winter. They thought, “As long as there’s no freeze, we’ll be ok.” Unfortunately, the early morning hours of May 18, 2023, brought those low temperatures that were looming in the back of everyone’s mind. What do you do now?
June 05, 2023
May 03, 2022