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

general economic
Business Tips and Tools
Business Basics for Beginning Farmers

One of the great things about owning or starting your own business is that you determine your business goals and how you want to achieve them. So, what are the business basics that help you remain profitable so you stay on track toward achieving your business goals?

June 18, 2024

Cow milking facility and mechanized milking equipment
Crop Insurance
Boosting Dairy Farm Resilience with Dairy Revenue Protection

Dairy Revenue Protection (DRP) is a valuable tool to help dairy farmers mitigate the risks of the dairy industry, including market fluctuations, weather conditions, and production variables. By offering robust, flexible and affordable program options, DRP helps to stabilize incomes and support the sustainability of dairy operations.

June 11, 2024

 herd of cows eating hay and man in barn on dairy farm
Crop Insurance
Managing Dairy Revenue Risk

The dairy industry is inherently unpredictable. Market fluctuations, weather conditions and production variables all contribute to an unstable income landscape for dairy farmers. Dairy Revenue Protection, commonly referred to as DRP, is a federally subsidized program designed to help dairy producers manage revenue risk. This program offers dairy farmers a way to protect against unexpected declines in quarterly revenue from milk sales.

June 04, 2024

Two farmers in a crop field looking at a tablet
Tax Talks
Handling State Tax Refunds from Business Tax Credits

With many taxpayers having filed their 2023 taxes, refunds are appearing in their bank accounts. There may be a question of what to do with these funds. Particularly for those in states that had an expansion of refundable credits generated from farm businesses.

May 29, 2024

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