Farm Accounting – Minnesota (MN)

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, Minnesota farmers have seen it all. However, the situation becomes more complex when Minnesota 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 too large or too small, 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 – Minnesota (MN)

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 Minnesota providing farm management, tax compliance and financial planning services while offering real-world insights from first-hand experience.

Map of Minnesota (MN)

Minnesota 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

About Minnesota Farming

Minnesota farming is a vibrant and essential industry within the state, earning it the nickname “Land of 10,000 Lakes.” With a diverse range of agricultural products, Minnesota farmers contribute significantly to the economy and play a vital role in the nation’s food production. The state’s agricultural landscape is characterized by its emphasis on corn and soybeans, which are major crops used for animal feed, ethanol production and food processing.

Minnesota’s farmers are committed to sustainability and conservation practices. They employ techniques like no-till farming, cover cropping and precision agriculture to reduce soil erosion, conserve water and promote soil health. Family farms form the backbone of Minnesota’s agricultural sector, with many farmers being part of cooperatives that enable collective marketing and resource sharing.

The state’s agricultural organizations, including the Minnesota Farm Bureau, provide support and advocacy for farmers. Research institutions like the University of Minnesota’s College of Food, Agricultural and Natural Resource Sciences contribute to advancements in agricultural practices through research, education and extension services.