Agricultural tax is its own discipline. Schedule F treatment of prepaid feed, Section 179 and bonus depreciation on equipment rotations, income averaging, deferred crop insurance, disaster relief elections, weather-related livestock sales, and the interplay between cash-method tax books and accrual management books — none of it is handled well by a generalist preparer.
We prepare returns year-round for dairy operators, row-crop and permanent-crop farms, ranches, agribusiness owners, and the multi-generational families that own them. More importantly, we plan across multiple years because farm income is cyclical and your tax strategy has to be too. The right answer in a high-milk-price year is the wrong answer in a low one.
What’s included
- — Federal and California returns: individuals, partnerships, S-corps, C-corps, trusts
- — Schedule F and Form 4835 preparation with full ag-specific elections
- — Multi-year tax projection and planning against projected milk, crop, and cattle prices
- — Equipment purchase timing, Section 179, bonus depreciation, and cost segregation
- — Farm income averaging, deferred payment contracts, and weather-related livestock sales
- — Representation for IRS and California Franchise Tax Board examinations