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Important Tax Law Changes for Northeast Agriculture in the CARES Act

March 30, 2020

While guidance and legislation continue to come from all sides, the House of Representatives — following the Senate’s lead — passed the Coronavirus Aid, Relief and Economic Security Act and the legislation has been signed by President Trump. The purpose of this post is to highlight the current legislation’s tax implications and their relevance to Northeast agriculture and customers of Farm Credit East.

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  • Fraud and Security Information Program

    With theft, fraud and identify theft become increasingly prevalent threats, Farm Credit East holds the security of our customers’ data as a top priority, using industry-leading best practices to ensure that your account information stays secure. You can better protect yourself by recognizing, preventing and reporting fraudulent activity and by understanding and implementing the tips, policies and procedures outlined in the Fraud Information Center, provided by CoBank, our valued partner and funding bank.

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  • In The News

    • Vote in 2020 Farm Credit East Director Elections

      As a customer-owned cooperative, the annual director election is an important opportunity for stockholders to express their voice in ownership and direction of the cooperative. Farm Credit East encourages members to vote. Ballots must be returned to our Enfield, Conn. office by 5 p.m. on Monday, April 13.

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    • Farm Credit East Hosts Webinar on Tax and Payroll Provisions of FFCRA and CARES Act

      Farm Credit East offered an educational webinar regarding new payroll and tax provisions outlined in the newly passed Families First Coronavirus Response Act (FFCRA) and Coronavirus Aid, Relief, and Economic Security (CARES) Act. This free webinar was held on Thursday, April 2.

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    • A message to our tax clients regarding COVID-19

      Farm Credit East is committed to providing you with the tax expertise and personal service that you have come to expect. If your taxes are not yet complete, we want to assure you that our tax staff is still hard at work. At the same time, the health and safety of our staff and customers is our top priority. Here’s some insight into a few of our processes that have changed.

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Knowledge Exchange

Knowledge Exchange Partner

Links to Federal and State Resources on COVID-19

Farm Credit East has compiled a list of the most pertinent COVID-19 resources from the federal government, state departments of agriculture, the seven Northeast state governments in Farm Credit East's territory and more.

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