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.
Farm tractor in a field during the fall harvest

Latest From Today's Harvest Blog

Financial Management

Vermont Child Care Credit – What You Need to Know

Farm Credit East Knowledge Exchange

Beginning July 1, 2024, Vermont employers and self-employed individuals will begin making contributions composed of a 0.44% payroll tax on wages and a 0.11% self-employment income tax to the Vermont Department of Taxes for deposit into the Child Care Contribution (CCC) Special Fund.

July 18, 2024

Business owner with financial paperwork doing calculations

Latest Tax Talk

side profile view of employee business woman wearing casual shirt sitting working at office desk with laptop pc computer indoors sign documents writing something
Tax Talks
Important Update Regarding Life Insurance Redemptions

In April, we discussed that the Supreme Court was hearing arguments in the Connelly v U.S. case regarding life insurance proceeds. With this case now decided, it will be important for individuals and small businesses owning life insurance to fund buy/sell agreements to include a review of these policies.

July 5, 2024

Today's Harvest Blog

Woman farmer using a laptop in crop field in front of a tractor. Tax Talk logo in bottom righ corner.
Tax Talks
Tax rates are on the rise, are you prepared?

In November 2022, Massachusetts voters approved an amendment to the Massachusetts Constitution to impose an additional 4% surtax on the portion of a taxpayer’s taxable income that exceeds $1 million. Shortly after, seven other states introduced their own legislation targeting high-income earners including Connecticut and New York. Here are the details to help your tax planning.

October 31, 2023

One brown cow with a white face standing in a pasture in the fall
Public Policy
Financial Assistance for Those Who Have Experienced Discrimination from the USDA Farm Service Agency

The USDA and its partner vendors have announced the opening of the application period for Section 22007 of the Inflation Reduction Act (IRA), which directs USDA to provide financial assistance to farmers, ranchers, and forest landowners who experienced discrimination in USDA farm lending programs prior to January 2021. 

October 24, 2023

Young woman farmer standing in cornfield
Business Tips and Tools
GenerationNext Seminars Help Prepare Tomorrow’s Northeast Ag Leaders

GenerationNext is a series of seminars, hosted by Farm Credit East, designed to advance the management skills and business knowledge of the next generation of ag business managers. 

October 17, 2023

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Business Tips and Tools
Keep Your Online Information Safe: 3 Security Habits You Can Start Today!

October is Cybersecurity Awareness Month. Farm Credit East’s security team is working to educate customers and staff about security  best practices to use in their work and personal lives. There are a few things you can implement today to keep you and your information safe.

October 12, 2023

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