Agricultural Financial, Tax and Asset Protection (AgFTAP)

The Agricultural Finance, Tax and Asset Protection (AgFTAP) education program seeks to enhance farmer and rancher ability to understand and navigate the farm business tax and asset protection decisions for their operations, as well as the important relationships between federal income taxes and USDA farm programs. This mission, supported by USDA, is carried out through an online portal of educational trainings and resources.

Trainings focus on ag tax issues such as filing complete and accurate tax returns; business planning strategies; and asset protection such as managing future tax liabilities associated with debt-financed construction, loan servicing assistance, USDA program payments, asset sales, etc. Funding through NERME was made available to all states in the Northeast region.