How often do you communicate with your tax accountant? If you answered, "Every year around tax time," then you might want to review whether it's the best business relationship for your operation. Before tax time comes tax planning time, which is just as important.
Director Lance Burditt talks about the importance of working with a proactive tax accountant who keeps up on all the changing farm tax codes, communicates those changes and their impact to your operation, and works with you to adjust your tax strategy accordingly. Only with a professional like this in your corner can you go confidently into the next tax season knowing that you always have the best possible tax strategy in place.