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The tax department was formally created on January 1, 1927, but the first signs of the department date to 1859. The original intent was to find a way (a mathematical formula) to distribute tax revenue to individual counties in New York State.
Agriculture is a major component of the New York economy. [1] As of the 2012 census of agriculture, there were over 35,000 farms covering an area of 7 million acres (28,000 km 2) which contributed $5.4 billion in gross sales value and $1.2 billion in net farm income to the national economy.
Agriculture is a major component of the New York economy. [3] As of the 2012 census of agriculture, there were over 35,000 farms covering an area of 7 million acres (28,000 km 2) which contributed $5.4 billion in gross sales value and $1.2 billion in net farm income to the national economy.
The law allowed small grower-producers to sell directly to consumers, as well as reducing certain fees and providing tax and marketing advantages. Originally, the law required farm wineries to sell only estate-grown wines, but it was amended in 1978 to allow the use of any New York-grown grapes in wine sold at a farm winery. [citation needed]
U.S. farm industry groups want President-elect Donald Trump to spare their sector from his promise of mass deportations, which could upend a food supply chain heavily dependent on immigrants in ...
If you're turning 65 this year, you may be eligible for New York's Enhanced STAR property tax exemption. The deadline to apply is Friday, March 1.
A farmer said the change to inheritance tax could be "pretty terminal" for his family's farm. Tom Martin's family have farmed near Peterborough for four generations, but he said he would be ...
In 1992, the Association enrolled the property under the New York State Forest Tax Law, which provides for an 80% exemption from property taxes in exchange for a commitment to sustainable timber production. In 2007, some members of the family established a nonprofit organization known as the Shingle Shanty Preserve and Research Station in order ...