Not all accountants understand the intricacies of tax compliance for farms and agricultural businesses, but at Patten and Company LLC, our CPA Firm specializes in this aspect of the tax code. We know how to align your tax and business plan to decrease effective tax rates and avoid overpayments and penalties. Our firm monitors tax laws and takes measures to avoid surprises at tax time. We also use tax planning strategies to ensure that when family farms are turned over to beneficiaries, taxes are minimized and the assets are transferred in an organized and timely manner.
Farm Accounting Services
CPA Firm Specializing in Agribusiness Accounting
- Tax planning strategies
- Tax preparation
- Farm sales and use tax exemptions
- Depreciation of bulls
- Capitalization of equipment
- Agricultural employment taxes
- Assistance in estate planning with your attorney
Specializing in Farm Tax Compliance
Other Services
Agribusiness Consulting & Advisory
We are highly experienced in working with agricultural businesses and can support owners in their goals to achieve growth, longevity, and higher profits.
Agribusiness Accounting Services
You may have a passion for the farming industry but not for accounting, bookkeeping, and budgeting, and yet these tasks are essential to the success of your business.
Tax Planning & Compliance Services
Our team can help your agricultural business minimize tax liability and take advantage of State and Federal tax incentives.