Farm Accounting – Lamar (CO)

Lamar CPA Services

Managing through periods of significant change can be challenging. Even the most seasoned crop and livestock farmers are often faced with operational and financial surprises that may require plans to change. Whether it is unexpected issues with the water supply or the adverse effects of high-interest rates on capital acquisition, Colorado farmers have seen it all. However, the situation becomes more complex when Lamar farmers are faced with unexpected changes. This is especially true when it comes to changes with trusted business advisors, including your farm accountant.

Evaluate Your Current Provider

If you feel like your current provider is undergoing unexpected changes, consider the benefits of working with a mid-sized agriculture CPA firm. Adams Brown can provide farmers and ranchers with:

  • A team of advisors, including a principal, dedicated to working with you
  • Advisors who serve as an extension of your team that you can count on in good times and bad
  • Direct and ongoing communication with everyone on your service team
  • Access to specialized agribusiness knowledge at cost-effective pricing
  • CPAs who were raised on family farms and still find time to lend a hand

Agriculture Experience – Lamar (CO)

Adams Brown, Strategic Allies and CPAs, is a certified public accounting firm that specializes in serving the accounting, tax, audit, consulting and wealth management needs of farms, ranches, and their owners. We work with agriculture businesses in Lamar and across Colorado providing farm management, tax compliance, and financial planning services while offering real-world insights from first-hand experience.

Lamar Agriculture Accounting Services

  • Agreed Upon Procedures
  • AgriBuilder (proprietary integrated accounting and farm management solution)
  • Budgeting & Forecasting
  • Business Tax Planning & Compliance
  • Business Transformation
  • Cash Flow Management
  • Financial Statement Audits
  • Outsourced Accounting
  • Succession Planning
  • Tax Planning & Compliance for Farm Owners
  • Wealth Planning

Increase Profitability with AgriBuilder

Farming today is a way of life…a business passed down from generation to generation. While your land may be relatively the same, the way you manage it is anything but. Managing profitability becomes more challenging due to changing weather, increased international competition and rising costs. Farm management technology is what makes it easier for farmers of all sizes to get more profits out of their land than ever before. Starting with solid accounting software and layering in agriculture-specific financial management software coupled with the advice of seasoned financial consultants who know ag, and you can have more accurate information – faster – to help you make better business decisions.

Map of Lamar (CO)

About Lamar (CO)

Lamar, located in southeastern Colorado, is a vibrant community with a strong agricultural heritage. Known as the “Gateway to the Plains,” Lamar has a rich history of farming and ranching, and agriculture continues to be a significant part of its economy and culture.

Lamar’s agricultural landscape is predominantly characterized by dryland farming, as the region receives limited rainfall. Farmers in the area primarily cultivate crops that are well-suited to the semi-arid climate, such as wheat, corn, millet, sorghum and sunflowers. These crops are resilient and can thrive with minimal irrigation, relying on the natural precipitation that the region receives.

In addition to dryland farming, some areas around Lamar also benefit from irrigation. Water sources such as the Arkansas River and underground aquifers provide irrigation water, enabling farmers to cultivate a wider range of crops. This includes various vegetables, alfalfa, sugar beets and even specialty crops like melons.