A short stretch of warm days in April may prompt and early start to the growing season for orchards and vineyards across the Northeast. Unfortunately, there is still a chance of low temperatures and frost which may lead to crop damage and potential loss. Producers with crop insurance need to know their next steps if damage is discovered.
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Northeast farms innovate every day—and some of that experimentation may qualify for the federal Research & Development tax credit. Using a recent U.S. Tax Court case, we shed some light on how the credit works, what expenses may count, and why strong, documentation can make or break a claim.
April 22, 2026
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At the beginning of this year, many economists were projecting dairy prices to be lower than 2022, but the year so far has turned out differently than expected. Dairy Revenue Protection is a quarterly risk management program that protects dairy producers from unexpected declines in milk prices, thereby protecting milk money. With the volatility we’ve seen thus far this year, is your milk money protected?
September 12, 2023
2023 has been a challenging year for farmers, and many may see payments from their crop insurance policies or federal crop disaster payments. This Tax Talks blog reminds producers that crop insurance proceeds and crop disaster payments must be reported as income.
August 29, 2023
The extended period of rainy weather in July and August and major flooding on July 10 has severely impacted many Vermonters. One sector that has been experiencing major impacts from the weather is Vermont’s forest economy. The Department of Forests, Parks, and Recreation developed a survey specific to this sector that will assist state agencies and elected officials in determining how to respond.
August 22, 2023
Grants can be a great resource to provide additional funds needed to take on larger projects, but they’re often under-utilized because they can be time consuming and involve quite a bit of paperwork. To help Northeast agricultural producers navigate funding options, Farm Credit East recently released an update to its report, Grants and Incentives for Northeast Agriculture.
August 15, 2023