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
Latest From Today's Harvest Blog
Latest Tax Talk
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
Today's Harvest Blog
The search results are displayed
Congress has not passed a traditional five-year farm bill since 2018. America’s farmers, fishers and foresters have continued to be helped by short-term extensions and other ad-hoc support. While the One Big Beautiful Bill Act (OBBBA) updated and authorized certain components of the farm bill, there are still significant programs that require action.
October 28, 2026
Apple harvest is underway across New York, and growers are assessing yields, fruit quality, storage and marketing opportunities. It is also time to plan for next season. Beginning with the 2027 crop year, New York apple producers will gain a significant new risk management option: variety-specific crop insurance coverage. This improved option may allow growers to better align coverage with the varieties planted in their orchards.
October 26, 2026
Harvest often provides the clearest picture of a farm's financial performance. This year, many producers are balancing strong yields with continued pressure from fuel, input and operating costs. To help address those challenges, USDA recently announced the new Harvest Fuel Relief Program (HFR), a one-time $8 billion assistance program for agricultural producers.
October 21, 2026
In today’s blog, learn about a Regional Credit Leader’s journey from a small dairy farm to leadership, the value he places on collaboration, and how his involvement in the Farm Credit East Young Professionals (YP) program helped shape his career.
October 20, 2026