McKinnon Patten & Associates LLC

Tax Planning and Compliance Services

tax planning services for farms

The tax professionals at McKinnon Patten & Associates LLC can help your agricultural business minimize tax liability and take advantage of all available State and Federal tax incentives. We work with crop and dairy farmers, farm co-ops, animal feed companies, and many other types of agribusinesses.

Not all tax accountants understand the intricacies of how the Federal tax law applies to farms and other agricultural businesses, but at McKinnon Patten & Associates LLC, our CPA Firm specializes in this aspect of the tax code. We know how to align your tax and business plan to decrease effective tax rates and avoid overpayments and penalties. Our firm constantly monitors revisions to the tax laws so we can take proactive planning measures to avoid any surprises at tax time. We also employ a number of proven tax planning strategies to ensure that when family farms are turned over to beneficiaries, taxes are minimized and the assets are transferred in an organized and timely manner.

Tax Planning and Preparation Services for Agribusinesses

  • Tax planning strategies
  • Tax preparation
  • Farm sales and use tax exemptions
  • Depreciation of bulls
  • Capitalization of equipment
  • Fuel tax credits
  • Agricultural employment taxes
  • Assistance in estate planning with your attorney

When you work with McKinnon Patten & Associates LLC, you'll have peace of mind knowing that your agribusiness is always in compliance with all current government tax regulations. We'll work hard to manage your tax burden so you can retain more of your profits. Call us at 214-696-1922 today or request a consultation through our website now.