Farm Accounting – Texas (TX)

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, Texas farmers have seen it all. However, the situation becomes more complex when Texas 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 – Texas (TX)

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

Map of Texas (TX)

Texas 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 Texas Farming

Texas farming represents a rich and diverse agricultural sector within the state, characterized by vast landscapes and a wide range of agricultural products. Known for its large farms and ranches, Texas plays a crucial role in the nation’s food production and has a significant economic impact.

Texas, often associated with its iconic image of cowboys and ranches, boasts a thriving agricultural industry that extends far beyond livestock. With its expansive land and favorable climate, the state supports various agricultural practices, including crop farming, livestock production and specialty agriculture.

Crop farming in Texas is diverse and encompasses a range of crops suited to different regions. The state leads the nation in cotton production, with vast cotton fields stretching across the plains. Additionally, Texas farmers grow a significant amount of corn, wheat, sorghum, rice, peanuts and various fruits and vegetables, depending on the region.

Livestock production is an integral part of Texas farming, with cattle being the most prominent. Texas is the largest beef-producing state in the country, and ranching is deeply ingrained in the state’s culture and history. In addition to cattle, Texas also has substantial sheep, goat, swine and poultry operations.