As a tax specialist with Farm Credit East's Financial Accounting Services (FAS) team, Phil helps agricultural businesses navigate everything from annual tax preparation and year-end planning to farm transitions and succession planning. While tax season is certainly a busy time, his work extends far beyond April deadlines.
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.
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Latest Tax Talk
Tax Talks
Update: Diesel Fuel Tax Provisions
Earlier this month, Executive Order, Emergency Tax Relief on Diesel Fuel, was signed by the President with the purpose of deferring certain diesel fuel tax payment obligations and to provide penalty relief. As a result, the IRS acted and indicated it will not impose a penalty when dyed diesel fuel is sold for use or used on highways nationwide.
October 22, 2026
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Business Tips and Tools
Key Financial Metrics Every Winery Should Track
Running a modern winery takes far more than producing exceptional wine. Financial discipline is essential for long term success. Today’s most resilient wineries use data-driven strategies to strengthen margins, sustain growth and remain competitive. Understanding key performance indicators (KPIs) can help wineries make smarter decisions and protect profitability.
March 17, 2026
Ag Economy
Opportunities for Northeast Wine and Grape Producers to Drive Growth in 2026
Farm Credit East recently hosted a webinar with Andrew Adams of WineBusiness Analytics, providing insights for the wine and grape industry in 2026. While overall U.S. wine market growth is stagnant, Northeast winery growth remains steady creating opportunities for the region’s producers. Following are the key takeaways from this webinar.
January 13, 2026
Crop Insurance
2025 Grape Harvest Update: Appraisals, SDRP & New Insurance Opportunities
As we embark on the 2025 grape harvest, those who insure their crop must be proactive in ensuring accurate production records and timely completion of appraisals. This year also brings some changes to crop insurance options, so it’s critical producers stay informed. This article provides tips and reminders on these important topics.
October 07, 2025
Crop Insurance
Crop-Hail Coverage: Providing Peace of Mind in the Middle of the Storm
The Northeast U.S. frequently experiences severe weather, including hail, which can severely damage crops and lead to major financial losses for farmers. Due to the unpredictable nature of hailstorms, crop-hail insurance is a crucial safeguard for agricultural businesses. This type of insurance helps cover losses from reduced crop quality and yield caused by hail damage.
May 23, 2025
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