Crop Growers, the insurance provider of Farm Credit East, provides coverage for reduced quality and production of crops resulting from hail events, giving acre-by-acre protection that can cover up to the full value of the crop.
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Tax Talks
Life Insurance Redemptions Falling Under IRS Scrutiny
In the context of farming business structures, acquiring a life insurance policy is a prevalent practice. Here are two common scenarios and an update on an ongoing Supreme Court case involving the IRS concerning the valuation of businesses when insurance payouts are implicated and whether such proceeds are deemed liabilities or not.
April 11, 2024
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Tax Talks
Ready for Tax Season? Here's What You Should Know
Chris Torres at American Agriculturist recently spoke with Farm Credit East Senior Tax Consultant, Dario Arezzo, about the 2022 tax season. Read their discussion for insights into your 2022 tax planning strategy.
December 15, 2021
Tax Talks
Massachusetts Budget Provides Credits for Cranberry Producers
Massachusetts cranberry producers may have the ability to claim a new tax credit in the coming year. In today's Tax Talks, Dario Arezzo outlines the new provision and which producers qualify.
November 30, 2021
Tax Talks
New York State COVID-19 Pandemic Grant Update
In this Tax Talks blog, read about recent updates to the New York Small Business Recovery Program and what it could mean for your business.
September 29, 2021
Tax Talks
Employee Retention Credit Guidance Floodgates Open
Today’s Tax Talks provides taxpayers some important updates regarding the Employee Retention Credit (ERC).
August 26, 2021
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