Congress has not passed a traditional five-year farm bill since 2018. America’s farmers, fishers and foresters have continued to be helped by short-term extensions and other ad-hoc support. While the One Big Beautiful Bill Act (OBBBA) updated and authorized certain components of the farm bill, there are still significant programs that require action.
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Earlier this month, Executive Order, Emergency Tax Relief on Diesel Fuel, was signed by the President with the purpose of deferring certain diesel fuel tax payment obligations and to provide penalty relief. As a result, the IRS acted and indicated it will not impose a penalty when dyed diesel fuel is sold for use or used on highways nationwide.
October 22, 2026
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As the agricultural industry continues to evolve, the need for skilled and knowledgeable farm managers has never been greater. Farm Credit East's GenerationNext program is designed to meet this demand by offering comprehensive training for young and beginning farmers, as well as those taking on management roles within their ag businesses. GenerationNext provides the tools and knowledge necessary to succeed in modern farm management.
September 03, 2025
When starting a new business, there are many challenges and considerations. While entity selection and structure may not be at the forefront for an entrepreneur, making an informed decision early can allow the focus to remain on the business operations and enable a smooth initial tax filing. Let’s examine some key structural considerations and tax implications.
August 29, 2025
Over the past several years, Farm Credit East has been evolving our business to provide more value to customers. Luckily, change isn’t new for us. Since our formation three decades ago, the cooperative has sustained market shifts and significant advancements in technology, all while continuing to grow the cooperative and return value to customers.
August 19, 2025
August 06, 2025