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

Farm Credit

Empowering the Future: A Look Inside Farm Credit East’s Young Professionals Program

Megan Clancy

At Farm Credit East, our focus is always on delivering value to our customers. That starts with a strong, engaged team behind the scenes — employees who are connected, curious and committed to moving our mission forward. Farm Credit East’s Young Professionals program is one way we foster that mindset.

September 9, 2025

Farm Credit East Young Professional Group sitting on a panel discussion with the Board of Directors

Latest Tax Talk

Two farmers walking in a crop field at sunset while looking at a tablet.
Tax Talks
Choice of Entity Structure for your Farm Business

When starting a new business, there are many challenges and considerations. While entity selection and structure may not be at the forefront for an entrepreneur, making an informed decision early can allow the focus to remain on the business operations and enable a smooth initial tax filing. Let’s examine some key structural considerations and tax implications. 

August 29, 2025

Today's Harvest Blog

Tag: estate planning 
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 05, 2024

Adult male farmer sitting on open trunkbed in a crop field using a laptop
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

Meet the Authors

Connect with and discover our Today’s Harvest blog authors and their broad range of financial and northeast agricultural expertise.