When people think of taxes, they typically think of their annual return. However, to best manage tax liabilities and optimize tax credits, tax planning should be an ongoing process. Even more so, over the past few years, several states in the Northeast, namely New York, have unprecedented tax incentive programs for businesses.
Today’s Harvest Blog
Today’s Harvest is a valued, timely resource for stories, news, tips and information relevant to Northeast agriculture and our customers.
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Tax Talks
One Big Beautiful Bill’s Impact on Northeast Agriculture: Agricultural Changes
President Trump signed the One Big Beautiful Bill (OBBB) into law over the July 4th holiday. We have already covered business tax changes and individual tax changes, and today, we’ll highlight some of the most pertinent non-tax provisions impacting agriculture.
July 9, 2025
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Crop Insurance
Crop Insurance and Succession Planning
The importance of succession planning for farmers cannot be overstated. Without a well-thought-out succession plan, the future of the farm and the livelihoods of those who depend on it are at risk. Succession planning can help ensure the family farm remains operational and productive, the farm's legacy is preserved, and the family's financial future is secure.
July 18, 2023
Business Tips and Tools
The Rise of Backyard Chickens
Raising chickens is nothing new. However, a less common practice that has recently started gaining popularity are backyard chickens. More and more people are opting to raise chickens for eggs in their own backyard. Before you jump in, here are a few important things to consider when evaluating whether backyard chickens are for you.
July 12, 2023
Tax Talks
Tax Legislation Update
The House Ways and Means Committee recently announced The American Families and Jobs Act, which includes three bills (H.R. 3936, H.R. 3937, and H.R. 3938) that could impact farmers.
July 06, 2023
Ag Economy
Celebrating National Dairy Month
It’s National Dairy Month, and we couldn’t let the month of June pass by without recognizing the region’s largest agricultural sector — the dairy industry. Dairy and related processing constitute the top agricultural sector in the region, with more than $18.7 billion in direct sales, $34.6 billion in total economic impact and more than 120,000 jobs supported.
June 26, 2023
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