AgriBusiness
At Stonehenge, we understand the unique challenges of businesses in the agricultural industry. While the basic functions of an accountant are the same across the board, different methods can be used from industry to industry - agriculture being one of those eccentric industries that requires specialized knowledge.
An agricultural accountant works with farmers, ranchers, vineyards and other agricultural producers with industry specific methods to regulate cash flow management and decrease tax liabilities. When working with Stonehenge you can be confident you have a profitability plan in place so that your business is structured in the best way possible to take advantage of ever-changing tax laws and incentives.
Accounting for Farms and Agricultural Businesses
Outsourced accounting and bookkeeping
Cash basis accounting
Budgeting and cash flow management
Financial statement preparation
Farm income averaging
Tax preparation and strategic tax planning
Entity selection and business advisor services
QuickBooks training & support
Charting of accounts
Capital tax planning
Succession planning