The 2018 Tax Cuts and Jobs Act arrived with a slew of changes to the tax code. There was a major reduction in the corporate tax rate to 21%, an increase in the standard deduction for all filers, the elimination of the personal exemption, and a limitation of the deduction for state and local taxes, just to name a few...
 



What’s the use of a budget? What happens, happens. It is what it is… right?
Surely a budget cannot change market forces that are beyond internal business control – but it can lend itself to making changes in order to drive profitability. When it comes to preparing a budget, here’s a list of reasons to just do it...

 




The 2018 Farm Bill was signed into law late yesterday, December 20, 2018. It passed overwhelmingly in both the House (369-47) and Senate (87-13). There are several important aspects included for our Northeast producers, including some much needed policy certainty...



The best succession plans start early and allow a gradual transition, slowly and continually providing opportunities for the next generation to develop the skills they will need to take over the business. At the same time, this transition allows the older generation to evaluate the potential successors, grooming and developing them based on their desire to take over the business, and their aptitude and skills to continue its growth and prosperity...



When profits are up it’s easy to think about what your lender can do for you: finance new equipment, maybe a new building or a land purchase.  When times get a bit more stressful however, your lender may not be on your radar as someone to turn to for  help. It’s important to know that we are here for you both in good times and bad...  

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