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

Crop Insurance

Another Wet One – How Crop Growers Can Help Northeast Tobacco Growers

Daniele Harris

In 2023, the Northeast experienced another wet tobacco growing season. Given the high cost of tobacco cultivation (over $1,000 per acre), risk management plans are crucial for producers. Connecticut insured more than 3,000 acres of this valuable crop. The purpose of crop insurance, like any other insurance, is not to bring profits but to make the producer whole again so they can continue to farm the following year.

February 13, 2024

Three farmers walking side by side in a crop field during sunset with the Crop Growers logo over the image

Latest Tax Talk

Confident female farmer standing outdoors near car on background with farm field on fall day, signing some papers
Tax Talks
What you Need to Know about Beneficial Ownership Information Reporting for your Business

Starting January 1, 2024, most United States (U.S.) entities must report information about the beneficial owners of their businesses to strengthen the integrity of the U.S. financial system by making it harder for illicit actors to use shell companies to launder their money or hide assets. This blog article explores the key elements of the BOI reporting rule and what actions your business needs to take. 

January 18, 2024

Today's Harvest Blog

Tag: tax planning 
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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

Three adults walking through farm pasture at sunset in silhouette with Farm Credit East Financial Services 50 year logo on right hand side
Tax Talks
Celebrating 50 Years of Providing High Value Financials Services to Northeast Agriculture

Farm Credit East is proud to be the Northeast’s premier financial services provider, serving the needs of over 18,000 producers involved in farming, fishing, forestry and agribusinesses. 2023 marks the 50th anniversary of Farm Credit East’s financial services offerings. 

March 28, 2023

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Tax Talks
Northeast States Budget Season Update

It’s that time of the year when state governments across the Northeast are crafting up budgets for their respective states. As always, we keep an eye out for important items that may positively impact farmers. Two recent highlights are from New York and Massachusetts.

March 02, 2023

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Tax Talks
2022 Year-End Tax Headlines

As for tax updates, year-end 2022 is as good as any of the last few years. Some years we’re left dealing with changes that occur in January that are retroactive. This year, there are some last-minute things that are mostly good news. Here are the highlights.

December 26, 2022

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