Northeast farmers have faced significant challenges from severe weather events in recent years. For producers in Connecticut, Massachusetts and Maine impacted by weather-related losses in 2023 and 2024, funding has been made available to help recover losses, rebuild operations and strengthen long-term business resilience. The program is funded through USDA resources and administered by state departments of agriculture.
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.
Latest From Today's Harvest Blog
Latest Tax Talk
Tax Talks
Connecticut Farmers: Put the New 20% Investment Tax Credit to Work
Back in July 2025, we provided some insights into the new 20% Investment Tax Credit (ITC) that Connecticut Farmers can take advantage of starting in 2026. Recently, the state put out some additional guidance on the credit. Today’s blog will review the overall credit and the additional guidance so that farmers can plan for the new changes.
August 31, 2026
Today's Harvest Blog
The search results are displayed
Tax Talks
Beneficial Ownership Information: Who is Required to Report?
Earlier this year, Farm Credit East held a webinar reviewing The Corporate Transparency Act and the new Beneficial Ownership Information (BOI) reporting requirements that went into effect on January 1, 2024. Several webinar attendees asked questions about how these requirements apply to different business structures.
September 24, 2024
.ashx?h=400&iar=0&w=600&hash=95309BE898D6BF32027BB5E3BFBDF897)
Tax Talks
Navigating Charitable Contributions Post-TCJA
The Tax Cuts and Jobs Act (TCJA) enacted in 2017 and in effect from 2018 – 2025 has had a substantial effect on itemizing deductions. The resulting changes have impacted the tax consequences of making charitable contributions, especially for senior citizens. A remedy to this can be to use Qualified Charitable Distributions (QCD) from an IRA account.
August 28, 2024
Tax Talks
Important Update Regarding Life Insurance Redemptions
In April, we discussed that the Supreme Court was hearing arguments in the Connelly v U.S. case regarding life insurance proceeds. With this case now decided, it will be important for individuals and small businesses owning life insurance to fund buy/sell agreements to include a review of these policies.
July 05, 2024
Tax Talks
New York Farm Employer Overtime Credit – Advance Application Opens July 1
In December 2023, we shared two important Tax Talks blog articles on the New York Employer Overtime Credit. The time to apply for an advance of the credit is fast approaching with NYS Ag and Markets opening the application on July 1, 2024.
July 02, 2024
Meet the Authors
Connect with and discover our Today’s Harvest blog authors and their broad range of financial and northeast agricultural expertise.