Crop Farm CPA & Consulting
As a row crop farm or specialized grower, your financial health is tied directly to the seasons, market volatility, and careful land management. At MBE CPAs, we offer accounting for farming that understands the cycles of planting, harvesting, and storage. Our community is here to provide the support and specialized knowledge you need to turn a strong harvest into sustainable financial growth.
We are your local farm consultant.
Maximizing Yields and Financial Results
A successful year often raises questions about income averaging for income tax or about managing the tax implications of a bumper harvest. We provide supportive guidance on applying Section 179 expense and bonus depreciation for equipment upgrades and managing seasonal inventory. We respect the individual character of your operation, whether you practice dual cropping or large-scale grain farming, and work to foster your personal and professional growth. Our team is well-versed in the specific tax rules regarding qualified disaster relief payments and offers guidance to help you address these requirements as they arise.
How Our Services Can Help You
Our solutions are specifically designed to address the particular financial needs and seasonal fluctuations inherent in crop production. We provide the experience to manage inputs, set pricing, and comply with tax requirements throughout the planting and harvesting cycles.
Accounting & Bookkeeping
We help maintain accurate records for inputs, yields, and sales. Understanding the implications of different accounting methods is a key focus, providing financial clarity throughout the season.
Tax Planning & Consulting
Proactive tax planning is focused on helping you fully utilize all farm tax write-offs and managing taxes following the sale of commodities. We look ahead to prepare for tax liabilities associated with a large harvest.
Budgeting & Cash Flow Management
We work with you to develop a reliable cash flow budget to cover inputs (seed, fertilizer) and manage funds until the crop is sold. This helps you have the capital required for operations.
Estate & Succession Planning
Cost Analysis & Inventory Management
We provide tools to track the detailed list of farm expenses and apply sound inventory valuation methods for stored grain. This helps you maintain accurate cost of goods sold and valuation.
Payroll & Contract Labor Taxes
We process payroll and tax filings for both seasonal and year-round workers, helping you stay organized during busy planting and harvest times.
Let Us Help You Succeed
We are passionate about helping our clients succeed and grow. By working with MBE CPAs, you gain a supportive partner dedicated to providing the clear financial information needed to make confident decisions. We empower you to face current agricultural issues and plan for growth opportunities, knowing your accounting is handled by experienced professionals.
Kevin has spent over a decade helping farmers and agribusinesses manage their financial health. He provides clear guidance on tax planning and succession planning to help producers protect their legacies and reach their long-term goals.