While we can’t predict the future, we can certainly plan for the unexpected, and crop insurance is an important tool to help producers do just that. Ag businesses that are eligible for crop or livestock insurance should consider the value risk management tools can provide. So, what are the next steps for protecting your investment with crop insurance?
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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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Starting January 1, 2024, most United States (U.S.) entities must report information about the beneficial owners of their businesses to strengthen the integrity of the U.S. financial system by making it harder for illicit actors to use shell companies to launder their money or hide assets. This blog article explores the key elements of the BOI reporting rule and what actions your business needs to take.
January 18, 2024
Today, we continue the conversation about the New York Farm Overtime Credit by looking at helpful tips and potential pitfalls employers need to understand as they get ready for January 1, 2024.
December 29, 2023
As we look at applicable provisions for the 2023 tax year, two credits we get the most questions about as farm tax preparers are the Solar Energy Property Credit and the Clean Vehicle Energy Credit. Here we focus on these two credits, but also touch on other energy property credits to consider as you ready your 2023 year-end materials for your tax preparer.
December 27, 2023
With 2024 around the corner, New York state farmers need to begin thinking about the Farm Overtime Credit that will provide a refund for hours worked between the thresholds set by the state and 60 hours.
December 05, 2023