As the single largest contributor to Idaho’s economy, farming and ranching in the Gem State is so much more than an occupation. With over 24,000 farms and ranches employing nearly 1.9 million people, Idaho’s vast agriculture industry represents the backbone of the state’s cultural heritage and serves as an accelerator for innovative new technologies in food production and sustainability.
Idaho-grown commodities provide staple ingredients for the country’s largest food and beverage producers and nourish families across America. From beet farms, hay fields, and cattle ranches to first-time entrepreneurs and fifth-generation growers — we are here to help your business prosper and flourish. Because when you succeed, the whole world benefits.
While agribusinesses collectively face many of the same regulatory requirements and challenges, the financial circumstances of each operation vary from case to case and even season to season. That’s why our team gets to know your business to identify the strategies and solutions best suited for your unique financial considerations, target market, and goals.
Finding the right blend of foreword-thinking tax planning, entity structuring, and tax credits and incentives can minimize your tax burden, while seamless bookkeeping and payroll can help your business thrive through even the most volatile seasons. While we can’t predict the weather, we can take the guesswork out of the backend so you can focus on what matters most.
Agriculture Industry Team Leader
Lisa Donnelley, CPA
Want to hear more about our accounting services? Speak with one of our experts.
We understand that it takes significant passion, time, and research to run your farm or ranch, and that’s why we offer a full range of services to help you reach your goals and turn your vision into a reality.
Our agribusiness services include:
- Family farm transfer
- Succession Planning
- Entity Structuring
- Audits, Reviews, and Compilations
- Strategic Planning
- Income Tax Planning
- Estate Tax Planning
- Business Tax Return Preparation
- Bookkeeping & Payroll
- Business / Farm Valuation Services
- Speaking Engagements / Educational Seminars
- Cost Segregation Studies
- Credits and Incentive Strategies
- Internal Controls Review
- Research and Development (R&D) Tax Credit
- Section 1031 Like-kind Exchanges and Delaware Statutory Trusts (DSTs)
- Bank Financing Assistance