Farm Specific Tax Code Benefits
Event Details
Date
January 25, 2022
Time
7:00pm - 9:00pm
Location
Online via Zoom
Host
Northwest New York Dairy, Livestock & Field CropsJoan Petzen
716-378-5267
email Joan Petzen
For farm businesses of all shapes and sizes, tune in to learn more about the tax advantages available for farms. This workshop will include information for the current tax season.
This course is part of Cornell Cooperative Extension's Farmer Tax School: An educational series from Cornell Cooperative Extension Farm Business Management Specialists offering courses designed to inform and empower farm managers to better understand their tax obligations, management strategies, and improve farm profitability. This consists of four courses offered October 2021 - January 2022. For more information, visit tinyurl.com/ccetaxschool.
COST: $10.00 per farm
REGISTRATION: Register online by January 20, 2022. Following your registration, you will receive a confirmation email and an invitation to complete a pre-course survey. This survey will help our instructors tailor the topics covered in each course.
CAN'T MAKE IT LIVE?: Sign up any and we'll send you a recording following the workshop.
TECH REQUIREMENTS: Zoom (on phone, tablet, or computer). You may also call in and request paper documents be mailed to you.
IS THIS FOR ME?: This series has options for agricultural producers of all shapes, sizes, and time in business.
SPONSORSHIP: We are currently seeking agribusiness sponsorship for this series. We will be providing all of our participants with a directory of sponsors and their financial support services offered.
Experiencing financial hardship? Attend for free! Select the "scholarship" option at payment. Support for this option is made possible by our generous sponsors.
For more information, or for assistance in finding the course that is right for you, contact your regional Farm Business Management Specialist or any of the following planning team members:
- Bonnie Collins, CCE Oneida County, 315-335-4268, bsc33@cornell.edu
- Steve Hadcock, Capital Area Agriculture and Horticulture, 518-380-1497, seh11@cornell.edu
- Elizabeth Higgins, Eastern New York Commercial Horticulture, 518-949-3722, emh56@cornell.edu
- Mary Kate MacKenzie, South Central New York Dairy and Field Crops, 509-294-6073, mkw87@cornell.edu
- Dayton Maxwell, Capital Area Agriculture and Horticulture, 518-380-1498, dtm4@cornell.edu
- Joan Petzen, Northwest New York Dairy, Livestock, and Field Crops, 716-378-5267, jsp10@cornell.edu
- Katelyn Walley-Stoll, Southwest New York Dairy, Livestock, and Field Crops, 716-640-0522, kaw249@cornell.edu
Cornell Cooperative Extension is an employer and educator recognized for valuing AA/EEO, Protected Veterans, and Individuals with Disabilities and provides equal program and employment opportunities. For accommodations and accessibility concerns, please Katelyn Walley-Stoll by calling 716-640-0522. This information is for educational and reference purposes only and is not a substitute for sound legal counsel and tax preparation. Cornell Cooperative Extension is dedicated to proving research-based information to our agricultural producers. Every effort has been made to provide correct, complete and up-to-date recommendations. Changes occur constantly and human errors are possible.
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Announcements
Sign Up for Our Weekly E-Newsletter
We send out a bi-weekly e-newsletter that has announcements, upcoming programs, and opportunities for you! Registration is quick, easy, and free. Click here to sign up today!Document and Share Storm Damage
Mother nature has really been difficult over the last few days. Significant damage has been seen throughout NYS. Please let us know what types of damage your farm may have sustained during this time. This could be in the form of property damage, lost power, milk dump due to lost power, loss of livestock, loss of stored feed or growing crops.Farms are encouraged to DOCUMENT AND SHARE any impacts the weather may have had on their home or business. This could include structure damage, crop loss, inventory loss due to power outages, damage to equipment or fencing, and more.
If your farm experienced any sort of damage, please reach out to any of the folks listed below (or all of them). The more impact information that is collected, the greater the likelihood of a disaster declaration which can bring vital emergency support and awareness. The CNYDLFC Team will continue to collect detail and submit to NYSDAM and the EDEN network.
Reporting Weather Related Impacts (For your home or farm business)
- First, ensure that all the people and animals on your farm are safe, and that there aren't any unsafe working conditions created because of the weather (check your structures!). If there's an emergency, call 911 - don't try to manage it all on your own.
- Second, document all negative weather impacts for your farm and their estimated financial cost. Take photos, make estimates, and put it all in a safe place.
- Reach out to your insurance providers - farm, vehicle, crop, etc. to initiate the claim process as needed.
- Then, share your farm's damage with any (or all) of the ag support agencies listed below. We all work together to collect storm damage information and funnel it up to Ag and Markets which can initiate a natural disaster declaration.
- Chenango: 607-334-5841
- Fulton/Montgomery: 518-853-2135
- Herkimer: 315-866-7920
- Madison: 315-684-3001
- Otsego: 607-547-2536
- Schoharie: 518-234-4303
- Saratoga: 518-885-8995
- Erik Smith: 315-219-7786
- Daniela Gonzalez: 315-749-3486
- Ashley McFarland- 315-604-2156
Your county USDA/FSA service center.
- Chenango: 607-334-3231
- Fulton/Montgomery: 518-853-4015
- Herkimer: 315-866-2520
- Madison:315-824-9076
- Otsego: 607-547-8131
- Schoharie: 518-295-8600
- Saratoga: 518-692-9940
Your county farm bureau manager
- Region 3: Bailey Coon: 518-937-0566
- Region 5: John Wagner: 315-761-9770
- Region 6: Natally Batiston: 518-937-0269
- Region 7: Todd Heyn: 518-431-9338
Please let us know how we can help you.
Cash Rent and Custom Harvest Survey
To date, there is limited information available about rental rates and fees for crop harvesting. Farms can use this valuable information for their farm business planning to help improve decision making and profitability.Farmers Can Join MeatSuite For Free!
MeatSuite.com is a free resource provided by Cornell University where NY meat farmers can create a farm profile and list their bulk (wholes, halves, quarters) and bundled (i.e. Grilling Bundle) meat products.Why should farmers join?
1. It's free and easy!
2. Connect with more local customers. In the past year the MeatSuite.com farm directory had 8,300 visits from New York consumers. Farm profiles get as many as 25 views per month from potential local customers. We also spotlight MeatSuite farms on social media and bring attention and purchases to farms through highlights and giveaways.
How do I join?
Farmers can visit https://www.meatsuite.com/farmers/ to create a free farm profile. You must list at least one product for your farm's profile to go live. You'll also have access to Cornell's free Meat Price Calculator, a helpful tool for pricing your meat to make a profit.
While you're on MeatSuite, check out the "Creating Consumer-Friendly Bulk Meats" publication on the log-in page. It has tips on how to create bulk meat products that are easier for first-time buyers to say "yes" to.
If you have any questions as you create your farm profile or products, we're here to help! Please email Matt LeRoux at mnl28@cornell.edu.