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Tax credits offer boost to aspiring farmers

July 15, 2020 Digital Media Exclusive

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The Beginning Farmer Tax Credit Program provides tax credits to people who sell or rent agricultural land, livestock or equipment to beginning farmers.

The state The Beginning Farmer Tax Credit Program to help reduce startup costs.

The Beginning Farmer Tax Credit Program, which was announced Tuesday, was established under the Pennsylvania Tax Code to provide those tax credits.

“With our average farmer being 59 years old, we can't grow and thrive without attracting new leaders to feed us in the future. These tax credits will combine with PA Farm Bill investments to provide incentives to current farmers and tear down barriers faced by aspiring farmers,” said state Agriculture Secretary Russell.

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