Farm Credit East recently hosted a webinar with Dr. Charlie Hall, of Texas A&M University, to review green industry (including nursery, greenhouse and sod industries) operational and financial performance in 2023 and provide a 2024 outlook. Read on for the key takeaways from this webinar.
Today’s Harvest Blog
Today’s Harvest is a valued, timely resource for stories, news, tips and information relevant to Northeast agriculture and our customers.
Latest From Today's Harvest Blog
Latest Tax Talk
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
Today's Harvest Blog
The search results are displayed
Tax Talks
Farmers Find Relief in New York State Budget
New York Governor Kathy Hochul approved the Fiscal Year 2023 budget, which included some key tax provisions for the state’s farmers. In today's Tax Talk, Senior Tax Consultant, Dario Arezzo goes over three tax credits included in the 2023 budget.
April 26, 2022
Tax Talks
IRS Provides Penalty Relief for Farmers
Notice 2022-13 was recently released and provided all qualifying farmers with relief from the March 1 deadline, so long as they file and pay their taxes by April 18 (or April 19 for Maine and Massachusetts farmers). In today's Tax Talks, Senior Tax Consultant, Dario Arezzo outlines the impacts Notice 2022-13 may have when examining your tax options.
March 29, 2022
Tax Talks
New York State Labor Credit Proposals
Labor costs remain a concern for agricultural producers in New York State. In today's Tax Talks, Senior Tax Consultant, Dario Arezzo outlines three tax credit proposals that may provide some relief from the high cost of labor. Two of them are existing credits that could be enhanced, while the other would be a new credit.
February 24, 2022
Tax Talks
Schedule F and Paycheck Protection Program Forgiveness
While Paycheck Protection Program information may be winding down, the reporting surrounding the loans is still important when preparing an accurate 2021 tax return. Senior Tax Consultant, Dario Arezzo explains the importance of correct PPP reporting when filing.
January 26, 2022
Meet the Authors
Connect with and discover our Today’s Harvest blog authors and their broad range of financial and northeast agricultural expertise.