Current Tax Incentive Programs

This page covers tax incentives that are relevant to commercial fruit and vegetable farmers in New York State

New York State Tax Incentives Relevant to Fruit and Vegetable Farms (August 2019)

Agricultural Assessment Program (NYS Dept of Taxation and Finance) https://www.tax.ny.gov/research/property/assess/valuation/ag_overview.htm

Employment Incentive Credit (EIC) (credits for expanding your workforce if you also qualify for the Investment Credit) (NYS Department of Taxation and Finance) https://www.tax.ny.gov/pit/credits/employment_incentive_credit.htm

Farm Building Tax Exemption (NYS Department of Taxation and Finance) https://www.tax.ny.gov/pdf/publications/orpts/farmbuilding.pdf

Farm Donations to Food Pantries Credit (NYS Taxation and Finance) https://tax.ny.gov/pit/credits/farm-donations-to-food-pantries-credit.htm

Farm Workforce Retention Credit (NYS Department of Taxation and Finance) https://tax.ny.gov/bus/ct/farm_workforce_ret_credit.htm

Farmers School Tax Credit (NYS Dept. of Taxation and Finance) https://www.tax.ny.gov/pit/credits/farmers_school_tax.htm

Federal Bonding Program (NYS DOL) https://labor.ny.gov/formsdocs/factsheets/pdfs/p239.pdf

Investment Tax Credit (NYS Taxation and Finance) https://tax.ny.gov/pit/credits/investment_tax_credit.htm

Other Tax Credits for Labor (credits for hiring hard to place workers) (NYS DOL) https://www.labor.ny.gov/formsdocs/factsheets/pdfs/p438.pdf

Sales Tax Exemption for Commercial Agriculture (NYS Dept of Taxation and Finance) and the NYS Sales Tax Exemption and Refund for Diesel Fuel or Gasoline used in Agriculture (NYS Dept of Taxation and Finance) are both found at this website: https://www.tax.ny.gov/pubs_and_bulls/tg_bulletins/st/farmers_commercial_horse_boarders.htm