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Home / Industry / Agriculture / Farmers’ food donations now eligible for state tax credit (access required)

Farmers’ food donations now eligible for state tax credit (access required)

Food that farmers donate to organizations serving the needy will now qualify for a state tax credit worth 25 percent of their donation’s market value. Gov. Andrew M. Cuomo announced the new refundable tax credit this week in an effort to both boost the agriculture industry and address hunger. New York farmers donated more than 9 ...

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Food that farmers donate to organizations serving the needy will now qualify for a state tax credit worth 25 percent ...