Our recently published, 2023 Northeast Wine Grape Outlook, written by Hans Walter-Peterson, Senior Viticulture Extension Specialist Cornell Cooperative Extension, reviews recent years of grape production, and a forecast of what is to come for 2023.
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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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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
Emergency Relief Program (ERP) phase one closed on December 16, 2022. Phase two opened on January 23rd and runs through June 2, 2023. The funds appropriated by Congress will be distributed through the Emergency Livestock Relief Program (ELRP) and the ERP. Regarding ELRP, the Farm Service Agency will release more information once they have finished its analysis on the 2021 drought and wildfire impacts on livestock producers.
January 30, 2023
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
The Employee Retention Credit (ERC) is a refundable tax credit that taxpayers could obtain by meeting a quantitative test for either a decline in revenues, or because their business was shut down wholly or partially due to a governmental order. This shutdown test includes “supply chain disruptions.” Today’s Tax Talk considers how the IRS views a supply chain disruption.
October 25, 2022