Beginning in tax year 2025, New York is expanding the Empire State Child Credit as part of a broader effort to address affordability for families. The update increases the maximum benefit, removes the minimum income requirement, and adjusts the phase-out rules so more households may qualify. The State estimates say that the expansion could nearly double the average credit, from…

In Summary The USDA is providing $12 billion in one-time payments to offset rising costs and trade disruptions, with $11 billion specifically allocated to row crop producers (e.g., corn, soy, wheat). Payments are capped at $155,000 per entity for those with an Adjusted Gross Income (AGI) below $900,000. To qualify, farmers must ensure their 2025 acreage reporting is accurate and…