Farming & Agriculture
At LevitZacks, we understand the unique challenges of businesses in the agricultural industry. With extensive experience providing full-service tax and accounting to the agriculture and farming industry, as well as vineyards and wineries, we are intimately familiar with cash flow management, depreciation and tax benefits for farmers, and USDA grants. We can also answer your questions on tax planning, production deductions for farmers, equipment acquisition and depreciation, IRS controversies for farmers and ranchers, internal controls, family succession and estate planning and much more.
We know the challenges that you face, and we consistently keep up with industry trends. As such, we are well positioned to create an accounting program that is right for you—one that will help you remain on a healthy path and reach your financial goals. Farming operations must balance cash flow considerations with the never-ending quest for additional efficiency and productivity. We can advise you regarding accounting method selection, equipment and real estate considerations and inventory management to help optimize tax benefits and cash flow while working towards your strategic goals.