When people think of taxes, they typically think of their annual return. However, to best manage tax liabilities and optimize tax credits, tax planning should be an ongoing process. Even more so, over the past few years, several states in the Northeast, namely New York, have unprecedented tax incentive programs for businesses.
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One Big Beautiful Bill’s Impact on Northeast Agriculture: Agricultural Changes
President Trump signed the One Big Beautiful Bill (OBBB) into law over the July 4th holiday. We have already covered business tax changes and individual tax changes, and today, we’ll highlight some of the most pertinent non-tax provisions impacting agriculture.
July 9, 2025
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Crop Insurance
Whole Farm Revenue Protection Just Got Better: What Farmers Need to Know Under the One Big Beautiful Bill
The recently passed One Big Beautiful Bill marks a pivotal moment for risk management in American agriculture. Among the most farmer-friendly changes is the overhaul of the Whole Farm Revenue Protection (WFRP) program — an insurance policy designed to provide a safety net for diversified farms based on their historic revenue.
August 07, 2025
Business Tips and Tools
One Big Beautiful Bill: Key Takeaways for Farmers
The One Big Beautiful Bill Act, signed into law in early July, is a comprehensive piece of legislation with significant implications for various sectors, including agriculture. Farm Credit East recently hosted a webinar on the agricultural provisions of the bill, highlighting the tax and crop insurance implications for Northeast agriculture. Following are the key takeaways from this webinar.
July 29, 2025
Farm Credit
From Classroom to Workplace: The Farm Credit East Internship Experience
This summer Farm Credit East hosted 16 bright students for our summer internship program in six marketplaces across the association. The interns worked on a variety of projects as well as spend time out on the farm touring and job shadowing. Immersing themselves in many aspects of Northeast agriculture.
July 23, 2025
Crop Insurance
Risk Management Gets a Boost: LRP Beef on Dairy Coverage Explained
Livestock Risk Protection (LRP) is a federally subsidized risk management program designed to protect against a decline in livestock prices, allowing producers to set a price floor and mitigate risk from marketplace volatility.
July 22, 2025
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