Agriculture and farming accounting requires specific insight of tax and accounting methods for profitable production. Frazier & Deeters' Agribusiness Industry Practice Group focuses on CPA services for growing, processing and the marketing of food products. Our expert accountants in our offices in Atlanta, Alpharetta, Nashville and Tampa help our agriculture clients with mergers and acquisitions, operations and cash flow, real estate financing, tax planning and compliance opportunities for estates, trust and individual wealth, and the tax deductions for equipment, land, crops and ranching.
Contact us today for expert CPA support!
Sustainability for Agribusiness
Frazier & Deeter’s value involves accounting, tax, and innovation to stay ahead of the competition amidst the changing landscape in Agribusiness. Sustainability
for the industry will include accounting and risk advisory services Frazier & Deeter can provide to improve operations, cash flow and inventory controls...Read More
through the application of tax
methodologies designed by Frazier & Deeter.
Other critical issues are working with financial experts to protect your assets from a volatile market and rising prices.
We understand how quickly agricultural and farming accounting needs can change. Domestic and international accounting issues affecting the agribusiness industry in the United States and abroad impacts poultry and egg production, dairy operations, and the export and import of crops and animal production. Read More
Demand is driven by domestic trends in crop and livestock production. The production for this industry is forecast to grow at an annual compounded rate of 4 percent between 2011 and 2015.
Agricultural Support Services
The US farm support services industry includes about 8,500 companies with combined annual revenue of about $13 billion. Among all US farm support service providers, half specialize in crops and half in livestock. However, crop-related activities account for 75 percent of total farm support service revenue. This industry includes companies that support crop and animal farm operations but don't themselves harvest crops, raise farm animals, or own farmland.Read More
Frazier & Deeter has provided accounting, auditing and tax services for agriculture and farming support businesses such as; farm management, equipment wholesalers and manufacturers, processing plants, agriculture biotechnology, veterinary and stud services, food service and beverage industry and professional service firms who have expertise in labor and immigration, patents and technology.
Agribusiness Regulatory Considerations
The industry is subject to extensive governmental regulations. Federal institutions such as the US Department of Agriculture (USDA), Food and Drug Administration (FDA) and the Environmental Protection Agency (EPA) watch over health, safety and environmental concerns. The agribusiness industry is expected to expand, which indicates increasing competition for resources such as land and water. Read More
Every five years, the federal Farm Bill determines any revisions, updates, or renewals in financial support to farmers; major changes can significantly impact operations and fiscal strength. Because there is a trend of consolidation in the industry, which means fewer buyers, our Agribusiness Practice Group can help ensure that your financial statements and required auditing services provide transparency and that your cash flow and operations are optimized.
Pending immigration laws are currently and will be an issue to monitor in the future. This has already proven a critical obstacle for farming and ranching operations.