Be wary of tax schemes, ask for referrals, look for the right certifications, and find someone with experience helping farmers.

How to Choose a Tax Preparer for Your Farming Business

Farmers are entitled to a slew of special tax benefits, but there are also strict rules around what qualifies as “for-profit” farming.

Who’s Considered a ‘Farmer’ for Tax Purposes?

Provided they’re clearly separated from your personal expenses, your overhead costs can be a great place to look for tax-saving deductions.

Farm Tax Deductions: Overhead, Fees, Taxes, Office Expenses and Utilities

Most of these day-to-day business expenses are deductible, but they can also be easy to miss.

Farm Tax Deductions: Supplies, Fertilizer, Feed and Goods for Resale

A simple guide to maximizing your farm vehicle, repair and maintenance deductions.

Farm Tax Deductions: Vehicles, Equipment, Repairs and Maintenance

Never miss another deduction again with our comprehensive four-part guide.

Tax Deductions for Farmers: An Introduction

Some expenses have to be depreciated on your taxes, which can get complicated. Here’s how to get started.

A Simple Guide to Depreciation and MACRS

Lower your tax burden, simplify your tax accounting, and invest in new capital with these powerful deductions.

An Introduction to Section 179 and Bonus Depreciation

Farm wages, benefits, perks, travel and meal expenses can add up, so it pays to know what is and isn’t deductible. 

Farm Tax Deductions: Wages, Benefits, Travel and Meals

Go into tax season with confidence knowing which forms you need for your farm

Which Tax Forms are Farms Required to Submit?

It’s never too early to organize your books

How to Make Farm Recordkeeping More Efficient

Review these potential tax deductions to maximize your return

Farm Tax Deduction Checklist

Keep these updates in mind as you file your taxes for 2024

IRS Farmer’s Tax Guide: Reminders for 2024

At Ambrook we think that one of the most important, and difficult, challenges for producers is measuring the true cost of production. This is the amount that it costs to produce inclusive of direct costs, operating expenses, financing costs, management labor, and so on. 

Case Study: California Cow-Calf

Four steps to help you write a winning farm grant in less time

How to Make Your Farm Grant Application Processes Efficient

Land your next funding opportunity using Ambrook’s Funding Library

5 Steps to Finding the Right Grant for Your Farm

Use Ambrook’s Enterprises and Funding tags to stay on top of grant reporting requirements

Best Practices for Tracking & Reporting Grant Funding

Why Adopting the Accrual Method Can Transform Financial Management in Farming

The Importance of the Accrual Method of Accounting in Agriculture

Tips to streamline invoicing and get back to running your business 

How to Make Invoicing More Efficient

Learn about the building blocks of finance – journal entries. 

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