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

Business Tips and Tools

5 Steps to Building Your Rural Home

Anthony Oliver

Whether you already own rural land or are searching for your future construction site, building a home in the country doesn’t have to be a hassle. Read on for tips from the team at Country Living Loans for building your dream rural home — from lot purchase to final mortgage.

October 2, 2024

Rural home Construction In Framing Stages

Latest Tax Talk

 A corn field and farm buildings in the Finger Lakes Region of Upper New York with Tax Talk logo in lower right corner
Tax Talks
A Guide for Understanding New York State Land Credits

As we navigate the complexities of tax season, it's essential to stay informed about the various credits and deductions available to you. One such benefit is the Farmers School Tax Credit (FSTC), a valuable resource for those engaged in the business of farming. This blog aims to provide a high-level overview of the FSTC and Manufacturer’s real property tax credit to ensure you have the information needed to maximize your tax savings.

October 8, 2024

Today's Harvest Blog

Tag: expenses 
Septic System Diagram
Business Tips and Tools
Septic System Basics for your Rural Property

When buying a new home, or maintaining your current home, it is important to understand the many working elements. Septic systems are a major part of most rural homes, and homeowners should know the basics as it pertains to their home.

August 06, 2024

Woman standing in agriculture crop field holding and working on an open laptop
Business Tips and Tools
7 Strategies for Smart Liquidity Management

Simply defined, liquidity is having cash or assets on hand to pay bills and expenses. Liquidity is particularly important in agriculture given the unique risks – from fluctuating commodity prices and weather volatility to regulatory constraints — along with the financial characteristics of agricultural businesses, including seasonality, family living needs and capital investment considerations. 

May 21, 2024

Young woman working on a lap top computer standing in an agriculture field in front of a tractor. Tax Talk logo is in the lower right hand corner.
Tax Talks
New York Farmers and Refundable Investment Tax Credit

The recently enacted New York State budget makes the Investment Tax Credit (ITC) fully refundable for eligible farmers who derive more than two-thirds of their gross income from farming. This provision will be in place through 2027 and will greatly benefit eligible farmers in New York State. Today’s post provides a high-level overview of the ITC.

May 29, 2023

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Tax Talks
The Tax Code and Residual Soil Fertility
Recently, an old tax concept began to resurface. Farmers are asking whether they can write off residual fertilizer in the purchase of farmland. Most farmers realize, the purchase of farmland is nondeductible and thus finding deductions during the purchase of farmland can be beneficial to help cash flow the purchase.

May 01, 2023

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