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Should You Let Your Neighbor Borrow That?

by Reuben Dourte In the farming community, machinery and implements are regularly borrowed or rented. For the most part, farmers are a close-knit community who look to help each other out when possible. Sometimes situations arise where a tractor may be broken down, and to continue time-sensitive harvest of planting operations, the neighbor’s tractor is … Read More

Conservation Easements: The Top Tax Tool in the Farmer’s Estate Planning Toolbox

by John H. Lavelle Most farmers have a substantial real estate portfolio.  Depending on the geographic region, this can be extraordinarily valuable, but in every case, land is always a critical asset for the succession of the farm business to future generations.  In many cases, the value of the land is also a planned retirement … Read More

Comparing Farm Personal Property and Business Personal Property

by Reuben Dourte If you have found yourself in the situation of expanding your farming operations to business activities that fall outside of the scope of normal or traditional farming ventures, you probably need to take time to reevaluate your insurance coverages. Often, farming policies will exclude coverage for what the insurance company considers as … Read More

Successful Farm Succession

Recent estate tax trends can help northeast farmers with succession planning. by John H. Lavelle, CPA, LL.M., Attorney at Law Congress and some state governments in the Northeast have been handing family farmers a series of presents in the last few years.  Specifically, estate and death taxes, one of the major obstacles in transitioning family ownership … Read More

Do You Need Workers’ Compensation for Your Small Farm?

by Reuben Dourte Workers’ compensation insurance is a subject that is dreaded by many agricultural businesses, and for good reason.  First, carrying workers’ compensation insurance is a mandate in every state.  That means that qualifying farmers don’t have much “choice” as to whether or not they purchase this coverage. Secondly, very few insurance companies offer … Read More

Expect Change: Why and How to Help Your Employees Adjust

by Anita Deming When I first started at Cornell Cooperative Extension in January of 1978, the first meeting I went to on a State level was about how important it was to change extension to become more responsive to our clientele. Since I was new to extension, I thought what a great idea; this meant … Read More

Learn to Use High Tunnels to Extend Your Growing Season

Season Extension with High Tunnels (BF 220) Know Before You Grow an online course through the Northeast Beginning Farmer Project Tues. March 22 – April 19, 2016, with webinars every Tuesday evening from 7:00-8:30pm. Adding weeks to either end of your growing season can mean attaining a premium for having products available well before … Read More

Develop Skills to Assess and Manage On-Farm Risk and Business Structure

Taking Care of Business (BF 103) Understanding the Business, Tax, and Regulatory Implications of Your Farm an online course through the Northeast Beginning Farmer Project Mon. March 7 – April 11, 2016, with webinars every Monday evening from 7:00-8:30pm. This course is designed to help aspiring or beginning farmers better assess and manage a … Read More

Build a Business Plan for Your Farm

Planning to Stay in Business (BF 202) Writing Your Business Plan an online course through the Northeast Beginning Farmer Project Thurs. February 4 – March 10, 2016, with webinars every Thursday evening from 6:00-7:30pm. Whether you intend to borrow money or not, heading into a farm venture without a business plan is like setting … Read More

Agritourism: The Authentic Farm Experience

A Vermont farm stay promotes economic viability at Liberty Hill Farm and agricultural literacy from the community to abroad. by Rachel Carter Tucked delightfully in the foothills of the Green Mountains along scenic Rte. 100 in Rochester, Vermont, sits Liberty Hill Farm—a working dairy farm defined by the 1890’s red barn with cupola—one of the … Read More

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