As a tax specialist with Farm Credit East's Financial Accounting Services (FAS) team, Phil helps agricultural businesses navigate everything from annual tax preparation and year-end planning to farm transitions and succession planning. While tax season is certainly a busy time, his work extends far beyond April deadlines.
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.
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Tax Talks
Update: Diesel Fuel Tax Provisions
Earlier this month, Executive Order, Emergency Tax Relief on Diesel Fuel, was signed by the President with the purpose of deferring certain diesel fuel tax payment obligations and to provide penalty relief. As a result, the IRS acted and indicated it will not impose a penalty when dyed diesel fuel is sold for use or used on highways nationwide.
October 22, 2026
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Business Tips and Tools
Protecting yourself from Tax Scams in 2026
Tax season is a busy time — and unfortunately, it’s also a peak season for fraud scams. From fake IRS messages to misleading “tax tips” on social media, fraudsters often rely on urgency and confusion to trick people into sharing personal or financial information.
March 19, 2026
Business Tips and Tools
Key Financial Metrics Every Winery Should Track
Running a modern winery takes far more than producing exceptional wine. Financial discipline is essential for long term success. Today’s most resilient wineries use data-driven strategies to strengthen margins, sustain growth and remain competitive. Understanding key performance indicators (KPIs) can help wineries make smarter decisions and protect profitability.
March 17, 2026
Crop Insurance
Navigating Crop Insurance: Crop Insurance Roles Defined
Crop insurance is a vital tool for farmers and agribusinesses, helping to protect against financial losses caused by natural disasters and unpredictable market shifts. Understanding how crop insurance works — and the key organizations involved — empowers producers to make informed decisions about managing risk and safeguarding their livelihoods.
March 13, 2026
Ag Economy
The Road Ahead for Oyster Growers: Trends, Risks and Opportunities for 2026
The U.S. oyster industry’s current landscape is shaped by decades of regulatory progress, rapid production innovations and shifting market pressures. As growers head into 2026, understanding the forces behind today’s rules, technologies and economic trends is essential for making informed business decisions. In a recent Farm Credit East webinar, Bob Rheault, executive director of East Coast Shellfish Growers Association, shared the key challenges and opportunities for the oyster industry.
March 10, 2026
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