A successful farm transition is about more than transferring land, equipment or ownership interests. It is about preparing people to work together, aligning the team around a shared vision and using thoughtful financial strategies to protect the wealth built through generations of hard work. When coordinated, they can provide a clearer path for the current generation, the next generation and the farm itself.
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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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
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Business Tips and Tools
Tariff Relief Program Available for New York Producers
The Agricultural Resiliency Against Tariffs Program was recently appropriated $30 million to provide payments directly to agricultural producers. These payments range from $1,000 to $25,000 per entity. Timing is of the essence as there is an application process that has been extended, but only through August 18.
July 01, 2026
Tax Talks
Highlights from the Fiscal Year 2026-2027 NYS Budget
Following three-months of delays, the New York State legislature has passed the Fiscal Year 2026-2027 (FY 26-27) budget. The final budget, signed into law by Gov. Kathy Hocul, includes many provisions relevant to our farm and agribusiness customers. The following are a few highlights of the recently passed legislation.
June 04, 2026
Tax Talks
Maximizing Your Farm’s Bottom Line: Income and Expense Reporting
Filing farm taxes doesn’t have to be confusing. The IRS requires you to report all income unless specifically excluded, and only deduct expenses that are both ordinary—common in farming—and necessary—helpful for your business. Understanding these basics can save you time and stress.
October 27, 2025
Business Tips and Tools
Proactive Strategies for Business Success: Good Records & Budgeting
If the past several years have taught us anything, it’s that we need to be agile. While we can’t plan for the unexpected — and the unexpected will come — we can be informed and proactive. Planning ahead using available insights can help you strategically accomplish your business goals. So, what can you do today to set yourself up for success?
May 12, 2025
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