Farm Credit East recently hosted a webinar with US Apple’s Chris Gerlach, providing an overview of the apple industry, specifically covering what’s ahead for apple trade. Following are the key takeaways from this webinar.
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Latest Tax Talk
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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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Business Tips and Tools
The 5 Cs of Credit for Young and Beginning Producers
Funding the startup of a new agriculture operation can be a tall task for any young or beginning producer. Remember the “5 Cs of credit” – a checklist of factors for young producers to consider when working to start and secure funding for a new agriculture business venture.
July 15, 2024
Business Tips and Tools
Buying a Rural Property? Check for deed restrictions.
When buying a rural property, the buyer should always ask if the property has any deed restrictions as these can impose various limitations on how the property can be used and also potentially decrease the property’s value.
July 09, 2024
Tax Talks
Important Update Regarding Life Insurance Redemptions
In April, we discussed that the Supreme Court was hearing arguments in the Connelly v U.S. case regarding life insurance proceeds. With this case now decided, it will be important for individuals and small businesses owning life insurance to fund buy/sell agreements to include a review of these policies.
July 05, 2024
Tax Talks
New York Farm Employer Overtime Credit – Advance Application Opens July 1
In December 2023, we shared two important Tax Talks blog articles on the New York Employer Overtime Credit. The time to apply for an advance of the credit is fast approaching with NYS Ag and Markets opening the application on July 1, 2024.
July 02, 2024
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