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New York’s annual egg production rose nearly 5 percent
New York farms produced 1.75 billion eggs last year, up 4.6 percent from more than 1.67 billion eggs in 2019, the USDA’s National Agricultural Statistics Service (NASS) recently reported. The total value of egg production in the Empire State was $88.1 million in 2020, up 26.5 percent from more than $69.6 million the year before. U.S. […]
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New York farms produced 1.75 billion eggs last year, up 4.6 percent from more than 1.67 billion eggs in 2019, the USDA’s National Agricultural Statistics Service (NASS) recently reported.
The total value of egg production in the Empire State was $88.1 million in 2020, up 26.5 percent from more than $69.6 million the year before.
U.S. farms produced 111.6 billion eggs last year, down 1.4 percent from 113.2 billion eggs in 2019, according to the April 29 NASS report. However, the total value of U.S. egg production rose 18 percent to more than $8.65 billion in 2020 from more than $7.33 billion a year prior.
Annual estimates cover the period from Dec. 1 of the previous year through Nov. 30, according to NASS. It includes hatching and market (table) eggs.
VIEWPOINT: 4 Inner Strengths That Can Help You Survive Pandemic-Year Losses
When the pandemic sent the nation into a shutdown last year, plenty of Americans found themselves jobless and in need of quick solutions to stay financially afloat. Some scurried to online job sites in hopes of finding a new position pronto, while others endeavored to learn new skills that would enhance their job prospects. But not everyone
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When the pandemic sent the nation into a shutdown last year, plenty of Americans found themselves jobless and in need of quick solutions to stay financially afloat.
Some scurried to online job sites in hopes of finding a new position pronto, while others endeavored to learn new skills that would enhance their job prospects.
But not everyone reacts in prompt and practical ways when faced with hardship. Job loss, or any setback in or out of a pandemic, comes with emotional baggage that can paralyze people when they need to take action.
Too often, we can’t summon the will to triumph over such adversities because we let a victim mentality overtake us. When you’re going through immense adversity, it’s difficult to think that you can come out better and stronger on the other side. But you can.
To do so, there are inner qualities people need to call on that will help, such as:
• Tenacity. If there is one attribute that determines success, it’s tenacity. Intelligence and skill are great to have, but it’s those who bring tenacity and perseverance who always succeed. Hard work, even when you feel you can’t do it, pays off. That’s true on the job and it’s true when you’re looking for a job. Sure, you need to refuel sometimes. So, take a break, then get back to it. But don’t break for too long.
• Attitude. Following closely behind tenacity is attitude because it affects so many aspects of a person’s life, such as emotional state, personality, social interactions, and career. We all know people in our life who, no matter how great things are going, will complain about something. They will complain, whine, and frown. Your attitude determines whether you will enjoy life and finish it successfully.
• Enthusiasm. It’s difficult for people to summon strong feelings of excitement about the next stage of life when life’s current stage has knocked them down. But they must. Enthusiasm is the spark you bring to daily life that starts the fire. It’s also important to remember that enthusiasm is contagious. Maybe you aren’t spreading it right now, but perhaps you can catch it. Since your time and energy are limited, pay attention to how you feel after spending time with people in your life, and seek out those who fill you up, energize, and inspire you.
• Vulnerability. This one may sound surprising, but it’s not. If you don’t allow yourself to be vulnerable, then you won’t take risks. We don’t like vulnerability because we think it’s bad, but it’s neither good nor bad. To win and accomplish whatever it is you set out to accomplish, you must take a risk and that means you are going to have to make yourself vulnerable.
It’s important to remember that it’s not what happens to you, it’s what you do with what happens. Taking on a mindset with that point of view may be challenging at first, but once you do, life will be enormously different.
Dr. Allen Lycka (www.drallenlycka.com) for three decades was a cosmetic dermatologist, but today is a transformational keynote speaker, thought leader, and life-changing coach. He is co-author of the international bestseller “The Secrets To Living A Fantastic Life… Discover The 13 Golden Pearls Within,” co-authored with Harriet Tinka.
VIEWPOINT: Updated Guidance on Tax Credits Under the American Rescue Plan
Under the American Rescue Plan (ARP), certain private-sector and governmental employers may claim refundable tax credits which provide reimbursement for the cost of providing Families First Coronavirus Response Act (FFCRA)-style paid sick and family leave to employees, including leave for COVID-19 vaccination-related reasons. The ARP does not require employers to provide paid leave; however, it provides tax
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Under the American Rescue Plan (ARP), certain private-sector and governmental employers may claim refundable tax credits which provide reimbursement for the cost of providing Families First Coronavirus Response Act (FFCRA)-style paid sick and family leave to employees, including leave for COVID-19 vaccination-related reasons. The ARP does not require employers to provide paid leave; however, it provides tax credits for employers that voluntarily opt to do so. The tax credits are available to eligible employers who provide leave from April 1 through Sept. 30, 2021.
Any business, including tax-exempt organizations with fewer than 500 employees, are eligible employers for ARP tax-credit purposes. Recent guidance from the Internal Revenue Service (IRS) clarifies that certain governmental employers are also eligible employers under the ARP. While state and local governments may be eligible for the tax credits, the federal government and federal agencies or instrumentalities of the federal government (except those organized pursuant to 501(c)(1) of the Internal Revenue Code) are not. Individuals who are self-employed are eligible for similar tax credits.
The ARP allows eligible employers to claim tax credits for paid leave provided to employees who are unable to work or telework because of COVID-19-related reasons. This includes leave taken to receive COVID-19 vaccinations and leave taken to recover from any injury, disability, or illness related to vaccination.
The updated IRS guidance makes it clear that the tax credits, which are counted against the employer’s share of the Medicare tax, are refundable. For paid-sick-leave wages, the tax credit is equal to the amount of COVID-19-related sick-leave wages paid at 100 percent of an employee’s regular rate of pay (up to $511 per day and $5,110 in total). For paid-family-leave wages, the tax credit is equal to COVID-19-related family-leave wages paid for up to 12 weeks at two-thirds of an employee’s regular rate of pay (up to $200 per day and $12,000 in total).
To claim the ARP tax credits, eligible employers should report the total amount of paid sick and family-leave wages they provided on their federal tax return for each quarter (typically a Form 941). The IRS has explained that eligible employers may retain the federal employment taxes that they otherwise would have deposited with the IRS in anticipation of claiming ARP tax credits. Eligible employers that do not have sufficient funds set aside to cover amounts paid as COVID-19-related paid sick and family leave, may request an advance by filing a Form 7200, Advance Payment of Employer Credits Due to COVID-19, with the IRS.
Employers are encouraged to consult with their tax attorney or other tax professional for further information or limitations on eligibility, reporting, and claiming tax credits on their quarterly tax filing.
Hannah K. Redmond is an associate attorney in the Syracuse office of Bond, Schoeneck & King PLLC. She focuses her practice on representing employers in labor and employment-law matters. Contact Redmond at hredmond@bsk.com. This article is drawn from the firm’s New York Labor and Employment Law Report blog.
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