Farm Issues

When planning for the future, discussing ideas with a third party often seems to help organize a person's thoughts and put them into clearer focus. We can discuss the topics relevant to your farm and/or tax situation.


For example:



  • Deciding to incorporate or form a LLC

  • Choosing to buy or lease?

  • Hiring employees, spouses, children

  • Paying commodity wages

  • Planning for retirement

  • Transferring the farm to your children

  • Making major farm decisions

  • Deciding to expand your present operation

  • Choosing whether or not to diversify

  • Determine the taxes if you:

    • Sold the farm

    • Sold the cows

    • Had an auction

  • Learning how to exchange the farm for other property without paying taxes

  • Figuring out how to collect Social Security and still farm

  • Implementing a "medical reimbursement" plan

Year-end Reports
We can prepare your 1099 forms and year-end payroll with minimum effort on your part. We can:



  • Prepare year-end payroll reports

  • Reconcile payroll data at the end of the year

  • Prepare W-2s

Identification Numbers
You may need to obtain one or more identification numbers for reporting payroll information. We can obtain these identification numbers at the federal and at the state level.


Tax Planning
Tax planning can help prevent paying unnecessary taxes. We will take a close look at your income tax situation before the end of the year to evaluate ways to save on taxes. We continuously monitor tax law changes so we can offer you the latest tax saving strategies.


Income Tax Preparation
Income tax preparation is more than just filling out forms. Our objective is for you to legally pay the lowest tax possible. We work with you to ensure your tax is complete, and you are seizing all the deductions possible. We understand farming and will help you comply with the unique tax laws that apply to farmers.


Choosing A Bookkeeping System
Stetzer Accounting Service can help you implement a bookkeeping system which will provide accurate, easy to understand financial data. This data can then be used to make sound business decisions.


Satisfied Client
Our services are designed to complement your needs, and will give you the individual attention you deserve.  We pride ourselves in providing you with accurate responses to your financial questions. We will work with your attorney, banker, insurance agent, and bookkeeper to provide you with the best service possible. If you have any questions, please give us a call.