If you grow specialty crops, there’s a new USDA program worth your attention. The Assistance for Specialty Crop Farmers (ASCF) Program was designed to help producers navigate the financial pressure many faced in 2025. Rising input costs, ongoing inflation and market disruptions all contributed to tighter margins. This program offers a one-time payment to help offset those challenges.
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Tax Talks
Capital Construction Fund: A Fisherman’s Guide to Building for the Future
If you’re a commercial fisherman planning to build, buy, lease or rebuild a vessel, the Capital Construction Fund (CCF) can be one of the most powerful tax planning tools available to you. The CCF lets you set aside income today, defer federal income tax and use that money later to invest in your fishing business. Let’s discuss the details of this program.
May 26, 2026
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Tax Talks
One Big Beautiful Bill’s Impact on Northeast Agriculture: Business Tax Changes
The One Big Beautiful Bill (OBBB) was signed into law over the July 4th holiday. The legislation, which passed the House on a 218-214 vote, generally extends, and in some cases amplifies, the 2017 Tax Cuts and Jobs Act for farmers. Today's blog is the first in a multi-part series explaining significant changes to agricultural safety net programs included in the bill.
July 07, 2025
Tax Talks
Tax Considerations for Crop Insurance Indemnities
Many parts of the Northeast have faced a challenging planting season with wet weather and cool temperatures; now as summer kicks off, many are seeing significant stretches of above average temperatures. Given these recent extremes in weather conditions, a review of the tax implications of various crop insurance programs is warranted.
July 02, 2025
Tax Talks
State Spotlight: Maine Dirigo Business Incentives
In today's Tax Talks, learn more about the Maine Dirigo Business Incentives program. The program offers significant tax savings for certain qualified businesses in the state of Maine.
May 29, 2025
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Tax Talks
Spring into Tax Planning and Record Keeping
As field work and spring planting kicks off across the Northeast, many farmers are making significant investment in equipment, crop inputs and labor. These expenditures present opportunities for proactive tax planning and sound record keeping. By aligning your spring activities with tax efficient strategies, you can optimize deductions, manage cash flow effectively and set the stage for a smoother year-end process.
April 30, 2025
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