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

Key Changes Coming to DRP, LGM and LRP Programs: What Producers Need to Know

Megan Clancy

The USDA Risk Management Agency (RMA) recently announced several updates to Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM) and Livestock Risk Protection (LRP) programs that will take effect beginning with the 2027 crop year on July 1, 2026. The changes are intended to improve flexibility, expand coverage opportunities and create more consistency across livestock insurance products.  

June 3, 2026

Dairy cows eating hay at a feeding station inside a barn, with warm sunlight in the background.

Latest Tax Talk

Woman in front of tractor in agriculture field holding and looking at a laptop computer, with tax talk logo in corner
Tax Talks
Highlights from the Fiscal Year 2026-2027 NYS Budget

Following three-months of delays, the New York State legislature has passed the Fiscal Year 2026-2027 (FY 26-27) budget. The final budget, signed into law by Gov. Kathy Hocul, includes many provisions relevant to our farm and agribusiness customers. The following are a few highlights of the recently passed legislation. 

June 4, 2026

Today's Harvest Blog

Tag: tax planning 
Two farmers in a crop field looking at a tablet
Tax Talks
Research & Development Tax Credits for Farms: A Case Study

Northeast farms innovate every day—and some of that experimentation may qualify for the federal Research & Development tax credit. Using a recent U.S. Tax Court case, we shed some light on how the credit works, what expenses may count, and why strong, documentation can make or break a claim.

April 22, 2026

Drone view of three farm workers harvesting apples
Tax Talks
Revisiting the NYS Farm Employer Overtime Credit for 2026

In this update, we share key 2026 changes to New York’s Farm Employer Overtime Credit, including expanded eligible overtime hours, shifting thresholds, and new certification requirements for all farm employers. We also highlight reminders on payroll adjustments and advance payment options to help farmers stay compliant and prepared for the season ahead.

March 31, 2026

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Business Tips and Tools
Protecting yourself from Tax Scams in 2026

Tax season is a busy time — and unfortunately, it’s also a peak season for fraud scams. From fake IRS messages to misleading “tax tips” on social media, fraudsters often rely on urgency and confusion to trick people into sharing personal or financial information. 

March 19, 2026

male farmer working on a laptop computer on his truck hood in front of a cow pen
Tax Talks
Maximizing Your Farm’s Bottom Line: Income and Expense Reporting

Filing farm taxes doesn’t have to be confusing. The IRS requires you to report all income unless specifically excluded, and only deduct expenses that are both ordinary—common in farming—and necessary—helpful for your business. Understanding these basics can save you time and stress.

October 27, 2025

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