IRS Grants Tax Relief Extension to Drought-Stricken Farmers, Ranchers; 37 States and Puerto Rico Affected
If you are a farmer or rancher forced to sell your livestock because of the drought that affects much of the nation, special IRS tax relief may help you. The IRS has extended the time to replace livestock that their owners were forced to sell due to drought. If you’re eligible, this may help you defer tax on any gains you got from the forced sales. The relief applies to all or part of 37 states and Puerto Rico affected by the drought.
Here are several points you should know about this relief:
Keep a copy of your tax return. If you filed an extension and face the Oct. 17, 2016, filing deadline, you may need your Adjusted Gross Income amount from your 2014 tax return to file. Get a transcript of your prior year’s return at www.irs.gov/transcript.
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NYSERDA offers energy audits to help eligible farms and on-farm producers identify ways to save energy and money on utility bills.
Visit nyserda.ny.gov/agriculture to download an application or apply online.
Call 1-800-732-1399 to learn more, request an application, or for assistance with determining the audit level.
Click here for details.
Map is from October 20th
CCE FORAGE SITE NOW LIFE!
Given the severe drought across much of NYS this year and the potential need for additional forage on dairy farms across the state, the online CCE Forage Exchange has been restarted.
Producers or growers with surplus forage or corn may use this site for free to list what they have for sale. Interested buyers may use this site to find what they need and make arrangements directly with sellers.
The site URL is below along with a “how to post an ad video.”
Forage exchange: http://forage-exchange.cce.cornell.edu
How to post a video:
Disaster Loans Available
Here are links to recently published SBA disaster loan information for NYS Counties impacted by drought.
14831 – SBA Economic Injury Disaster Loans available in New York Following Secretary of Agriculture Disaster Declaration
This disaster declaration includes the following counties: Allegany, Broome, Cattaraugus, Cayuga, Chautauqua, Chemung, Cortland, Erie, Genesee, Livingston, Monroe, Niagara, Onondaga, Ontario, Orleans, Oswego, Schuyler, Seneca, Steuben, Tioga, Tompkins, Wayne, Wyoming, and Yates in New York.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at
Completed loan applications must be returned to SBA no later than April 25, 2017.
Also, please see the following link to a USDA announcement that farmers in our County qualify for natural disaster assistance due to the drought this summer:
According to the announcement, qualified farm operators are eligible for low interest emergency (EM) loans from USDA’s Farm Service Agency (FSA), provided they meet eligibility requirements.
Check out the Onondaga County Water Authority website for more water saving tips.
In Case of Emergency
In case of an agricultural spill, and it's after office hours (4:30 p.m.) you can call Mark Burger directly at 315-415-5057.
Our mission is to promote excellence in the wise use of our rural/urban natural resources.
Our vision is to live in a society in which future generations will have natural resources necessary to sustain and enrich their quality of life.