As the region celebrates Dairy Month this June, the New York agricultural community has even more reason to cheer: Governor Kathy Hochul recently announced that $21.6 million has been awarded to 103 farms through the Dairy Modernization Grant Program.
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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 2, 2025
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The Tax Cuts and Jobs Act (TCJA) enacted in 2017 and in effect from 2018 – 2025 has had a substantial effect on itemizing deductions. The resulting changes have impacted the tax consequences of making charitable contributions, especially for senior citizens. A remedy to this can be to use Qualified Charitable Distributions (QCD) from an IRA account.
August 28, 2024
In the wake of Hurricane Debby, Governor Kathy Hochul announced a comprehensive emergency assistance program to support homeowners in Allegany, Delaware, Franklin, Steuben and St. Lawrence counties. This initiative, spearheaded by New York Homes and Community Renewal (HCR), aims to provide critical repairs and financial support to those affected by the storm.
August 20, 2024
In the ever-changing landscape of agriculture, farmers are constantly seeking ways to mitigate risk and protect their livelihoods. Livestock Risk Protection is an important risk management tool to safeguard your livestock investment.
August 13, 2024
When buying a new home, or maintaining your current home, it is important to understand the many working elements. Septic systems are a major part of most rural homes, and homeowners should know the basics as it pertains to their home.
August 06, 2024