It’s summer and local farms, farmers markets, and grocery stores are once again bursting with delicious fresh produce. Consumers may be shopping at their neighborhood farmers market, bringing home their weekly Consumer Supported Agriculture (CSA) share box, or taking the family to a pick-your-own farm on weekends. Farmers not only reap the economic fruits ofContinue Reading
The Farm Food Donation Pilot Program (SB 416) , signed into law by Governor Larry Hogan last fall, allows eligible farmers to take a tax credit of up to $5,000 per year for donating fresh produce to charitable organizations. This three-year pilot program that began in 2017 is available to farms located in Montgomery County as well as Anne Arundel County, Calvert County, CharlesContinue Reading
No one likes to think about taxes, but did you know that businesses that donate surplus unsold food not only help people and the environment, but can save on their income taxes? Recent Maryland state legislation sweetens tax incentives for farmers in Montgomery County. In 1976, Congress enacted Internal Revenue Code, Section 170e3 , as an incentiveContinue Reading
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