The Federal Crop Insurance Corporation (FCIC) has announced sweeping changes to federal crop insurance policies, effective for the 2026 and succeeding crop years. These updates, known as the Expanding Access to Risk Protection (EARP) Final Rule, are designed to modernize the farm safety net, reduce regulatory burdens, and expand coverage options for producers across the country.
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Tax Talks
Maximizing Your Farm’s Bottom Line: Income and Expense Reporting
Filing farm taxes doesn’t have to be confusing. The IRS requires you to report all income unless specifically excluded, and only deduct expenses that are both ordinary—common in farming—and necessary—helpful for your business. Understanding these basics can save you time and stress.
October 27, 2025
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Tax Talks
Beneficial Ownership Information: How to File
As the December 31, 2024, deadline looms to report Beneficial Ownership Information (BOI) as part of The Corporate Transparency Act, we wanted to make sure members are equipped with the information they need to file their information and remain compliant. The following are questions we’ve heard from customers.
November 18, 2024
Innovation and Emerging Markets
4 Steps to a Smarter Farm
As technology continues to advance, Artificial Intelligence (AI) and other tools are becoming integral to agricultural operations. With many tools already available — and many others on the horizon — it can quickly become overwhelming to determine where to start. Read on for a practical approach to integrating technology into your operation.
November 12, 2024
Crop Insurance
Understanding Crop Insurance: Key Terms You Need to Know
Crop Insurance has a lot of acronyms and options. Your agent (who works with this policy everyday) might say an acronym and move on so fast your head is spinning. I’m here to help break all those down. These options usually cost pennies on the dollar and add tremendous value to your policy.
November 05, 2024
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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