Agribusiness

The agribusiness industry contributes approximately $775.8 billion to the U.S. gross domestic product annually and employs 16.5 million people in the U.S. Our experienced team works with multi-state agribusiness clients that combine farming and real estate investment, as well as international farms in select country locations.

Our Services Include:

  • Proactive tax planning, maximizing asset deductions, prepayment and carryover options and assistance with like-kind exchanges.
  • Assurance services to help you receive more favorable terms with banks and comply with USDA bonding.
  • Recommendations for the most beneficial entity structure and fiscal year end (corporations, LLCs and partnerships).
  • Assistance with farm payroll and contract labor tax filings, including foreign H-2A workers.
  • Monitoring of changing tax laws and farm bills, including domestic production deductions, property tax credits, no-till equipment credits and USDA payment limitations.
  • Sales Tax, Excise Tax, and Multi-State “nexus” studies.
AGRIBUSINESS BLOG

Tax Development Highlights

The following is a summary of the most important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. Please call us for more information about any of these developments and what steps you should implement to take advantage of favorable developments and to […]

What you need to know about the tax provisions in the 2012 American Taxpayer Relief Act

The 2012 American Taxpayer Relief Act, signed into law on Jan. 2, 2013 by President Obama, is a sweeping tax package that addresses the permanent extension of the Bush-era tax cuts for most taxpayers, revises the tax rates on ordinary and capital gain income for high-income individuals, modifies the estate tax, offers permanent relief from […]

Tax breaks for businesses from the 2012 American Taxpayer Relief Act

In addition to the lofty package of tax relief for individuals, the recently enacted 2012 American Taxpayer Relief Act extends a host of important tax breaks for businesses. We’ve put together a list to give you an overview of its impact. For more detailed information and to determine how it will affect your business, give […]