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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
Life Insurance Redemptions Falling Under IRS Scrutiny
In the context of farming business structures, acquiring a life insurance policy is a prevalent practice. Here are two common scenarios and an update on an ongoing Supreme Court case involving the IRS concerning the valuation of businesses when insurance payouts are implicated and whether such proceeds are deemed liabilities or not.
April 11, 2024
Today's Harvest Blog
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Business Tips and Tools
Helping Producers Navigate Funding Sources
Grants can be a great resource to provide additional funds needed to take on larger projects, but they’re often under-utilized because they can be time consuming and involve quite a bit of paperwork. To help Northeast agricultural producers navigate funding options, Farm Credit East recently released an update to its report, Grants and Incentives for Northeast Agriculture.
August 15, 2023
Farm Credit
My Internship Experience at Farm Credit East
Every summer, Farm Credit East offers a 12-week internship program with the goal of providing real-world, hands-on experience alongside our Farm Credit professionals. Kierra Kenyon recounts her experience as part of the 2023 program.
August 08, 2023
Crop Insurance
Next Steps for Northeast Producers Affected by Flooding and Excessive Rainfall
The recent Northeast flood events have been devastating for agricultural producers in the affected areas, with those in Vermont, New Hampshire, Massachusetts and Connecticut particularly hard hit. So what should affected farmers do now?
August 01, 2023
Tax Talks
Vermont Flood Victims Qualify for Federal and State Tax Relief
The recent Northeast flood events have been devastating for Farm Credit East customers and others in the affected areas, particularly those in Vermont. The IRS has released tax relief information for individuals, households and businesses. Following is federal tax relief guidance applicable to anyone located in a FEMA-declared disaster county along with state tax relief specific to those located in Vermont’s 14 hard-hit counties.
July 26, 2023
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