We have witnessed tremendous resilience among Northeast producers these past few months, and as summer kicks into full swing, it’s important to to thank and support local farmers, commercial fishermen and forest products producers.
The Employee Retention Credit was created with the passing of the CARES Act. This refundable credit is for operations that have been fully or partially interrupted due to governmental orders regarding COVID-19. Learn more about the guidance and tax implications that come with the credit.
Paul Herrington’s work week as a certified appraiser is almost unrecognizable compared to where it was mid-March. Now serving as a primary customer support specialist for the Paycheck Protection Program while also maintaining some appraisal work, Paul’s virtual work week has challenged him to be resourceful as he works to keep Northeast ag moving forward.
The week of April 20, Congress passed another coronavirus aid package that included $310 billion to replenish the Paycheck Protection Program as well as $50 billion for the Economic Injury Disaster Loans (EIDL) and $10 billion for EIDL grants. See the differences in benefits of these two programs.