New York State Department of Agriculture and Markets Announces 2025 Farm Employer Overtime Credit Advance Program Webinar

Strategic Insights -

The New York State Department of Agriculture and Markets (AGM) is hosting a webinar to help eligible farmers prepare for the launch of the 2025 Farm Employer Overtime Credit Advance Program. The program provides a refundable tax credit for eligible farm employers who paid overtime wages after January 1, 2025. The webinar will cover the program's changes, provide a demonstration of the system, and answer questions.

Key Takeaways:

  • The Farm Employer Overtime Credit Advance Program is a refundable tax credit available for eligible farm employers who paid overtime wages after January 1, 2025.
  • The program is part of Governor Kathy Hochul's plan to support New York's farmers through a series of new and increased tax credits and other initiatives.
  • Eligible farms can apply for an advance certificate from the Department beginning August 1, 2025, and the deadline to apply is September 30, 2025.
  • Farms can apply for this refundable credit if they directly employ eligible farm employees that were paid eligible overtime or indirectly pay eligible overtime via the services of a PEO.
  • The Farm Employer Overtime Credit is designed to help farmers reduce their tax burden and continue to support their workers.
  • Participating farmers can expect to receive a certificate of payment from the New York State Department of Tax and Finance (DTF) after submitting an application, which can be used to request their share of the payment.
  • Eligible farmers can register their farm and/or a representative to file on their behalf at agriculture.ny.gov/farming/farm-employer-overtime-credit-advance.

Statistics:

  • The Farm Employer Overtime Credit Advance Program is now in its second year.
  • Eligible farm employers must have paid overtime wages after January 1, 2025, to qualify for the rebate.
  • The program requires farm employers to apply for an advance certificate with the Department by September 30, 2025.
  • Farms that used a Professional Employer Organization (PEO) in 2024 can also apply for a certificate for eligible overtime paid between January 1, 2024, and December 31, 2024.
  • The webinar will be held on July 25, 2025, from 2:00-3:00 pm.

Sources:

  • The New York State Department of Agriculture and Markets (2024) - 2025 Farm Employer Overtime Credit Advance Program.