The Federal Crop Insurance Corporation (FCIC) has announced sweeping changes to federal crop insurance policies, effective for the 2026 and succeeding crop years. These updates, known as the Expanding Access to Risk Protection (EARP) Final Rule, are designed to modernize the farm safety net, reduce regulatory burdens, and expand coverage options for producers across the country.
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Latest Tax Talk
Tax Talks
Maximizing Your Farm’s Bottom Line: Income and Expense Reporting
Filing farm taxes doesn’t have to be confusing. The IRS requires you to report all income unless specifically excluded, and only deduct expenses that are both ordinary—common in farming—and necessary—helpful for your business. Understanding these basics can save you time and stress.
October 27, 2025
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Crop Insurance
Ensuring a Profitable 2025: The Role of Dairy Revenue Protection in Your Business Plan
As the calendar year draws to a close, it's an ideal time for dairy producers to reflect on the past year's challenges and achievements and to prepare strategically for the year ahead. With 2025 on the horizon, effective planning will be crucial to navigating the complexities of the dairy industry and ensuring a profitable year. One key component of this planning is Dairy Revenue Protection (DRP), a valuable tool that can help manage risk and stabilize income.
December 24, 2024
Tax Talks
Important Beneficial Ownership Information Update
New updates-read more here.
The United States District Court for the Eastern District of Texas recently ruled on the case of Texas Top Cop Shop, Inc. v. Garland placing an injunction, that applies nationwide, on the enforcement of the Corporate Transparency Act (CTA). This means that the federal government will be prohibited from enforcing the CTA and, for the time being, BOI reporting is voluntary.
December 10, 2024
Business Tips and Tools
8 Common Questions About Real Estate Title Insurance
Navigating the complexities of real estate transactions can be daunting, especially when it comes to understanding title insurance. This essential component of property ownership safeguards against potential legal and financial issues that could arise from title defects. Read on for answers to eight commons questions about title insurance and how it protects your investment.
December 03, 2024
Farm Credit
Farm Credit East Employees Give Thanks
Throughout the month of Thanksgiving, several Farm Credit East employees from across the association reflected on what it was they were thankful for in 2024 and beyond.
November 26, 2024
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