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

Business Tips and Tools

Ready to Apply for a Loan? Follow these 4 steps to get started

Farm Credit East Knowledge Exchange

Getting a loan application ready can be daunting and puzzling. But you don’t need to know all the answers. Lenders, like Farm Credit East, can provide resources and guidance to assist you in determining if a loan is the best answer for you and what you will need to apply and qualify for one. 

December 1, 2023

Man and woman walking in rural crop field looking at a tablet

Latest Tax Talk

Woman farmer using a laptop in crop field in front of a tractor. Tax Talk logo in bottom righ corner.
Tax Talks
New York Farm Employer Overtime Credit - What you need to know

With 2024 around the corner, New York state farmers need to begin thinking about the Farm Overtime Credit that will provide a refund for hours worked between the thresholds set by the state and 60 hours. 

December 5, 2023

Today's Harvest Blog

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Tax Talks
Tax Strategies for 2022: Tax Planning for Cash Basis Reporting

In the last Tax Talks, “Tax Strategies for 2022: Understanding Your Tax Liability,” we began to understand the importance of record keeping and tax planning early in the year. In today’s blog, we’ll continue to build upon that foundation as we discuss tax planning for cash basis reporting.

 

September 06, 2022

rectangular word bubble outlined in green on a grey background with the word Tax inside the bubble and the word Talks, under the bubble
Tax Talks
Tax Strategies for 2022: Understanding Your Tax Liability

Have you started tax planning for 2022? First and foremost, you need to have a good record keeping system in place to accurately detail your farm income and expenses. If you wait until the dark, cold months of January and February to do your books for the year when there isn’t much else going on, you’re not going to have the opportunity to accurately tax plan. 

August 31, 2022

rectangular word bubble outlined in green on a grey background with the word Tax inside the bubble and the word Talks, under the bubble
Tax Talks
Possible Changes to New York’s Forest Tax Law Assessment

In today's Tax Talk, Farm Credit East's Dario Arezzo examines the New York State Department of Environmental Conservation (DEC) proposal to amend regulations relating to the Forest Tax Law program. This program provides landowners a reduction in real property taxes on their enrolled forest lands if certain conditions are met.

July 26, 2022

Tax Talks
2022: The Last Year of 100% Bonus Depreciation
Most farmers are familiar with section 179 and bonus depreciation. Essentially, both of these tools allow additional deductions up-front on an asset. In today's Tax Talks, Senior Tax Consultant, Dario Arezzo examines the differences in the two tax planning strategies, and upcoming changes.

June 02, 2022

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