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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Tax Talks
Important Tax Considerations for Apple Growers
As the 2024 growing and harvest season wraps up, many producers will be turning to their tax advisors to continue the year-end tax planning conversation. In this article, we examine a few areas that may be of interest to apple producers and their advisors.
October 29, 2024
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Business Tips and Tools
Stay Cyber Safe: 6 Tips to Spot Email Spoofing
October is Cybersecurity Awareness Month, and Farm Credit East is committed to providing awareness of common online threats like fake emails (phishing or spoofing), harmful software (malware), and trickery (social engineering), as well as providing the resources and support you need to understand and navigate these challenges. Learn how you can protect yourself.
October 15, 2024
Tax Talks
A Guide for Understanding New York State Land Credits
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 08, 2024
Business Tips and Tools
5 Steps to Building Your Rural Home
Whether you already own rural land or are searching for your future construction site, building a home in the country doesn’t have to be a hassle. Read on for tips from the team at Country Living Loans for building your dream rural home — from lot purchase to final mortgage.
October 02, 2024
Business Tips and Tools
Beneficial Ownership Information: Who is Required to Report?
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.
September 24, 2024
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