Farm Accounting

At T. Jack Bain, CPA, P.C., a leading Odessa, TX CPA, we provide farms and other types of agricultural businesses with a number of valuable accounting, tax, and financial management services. When you work with us, you can outsource all your accounting and bookkeeping functions to us so you don’t have to pay or manage an in-house bookkeeper. Or, if you prefer, we can set you up on QuickBooks accounting software and review your files on a regular basis for accuracy. We'll also provide assistance with inventory management and stabilizing cash flow, and can put together a comprehensive budget to keep you on track. 

To save you money and minimize tax liabilities, we'll help you select the entity structure that will bring the highest tax savings so more of your earnings become profits. We'll also clearly explain new tax law changes and their implications on the agricultural industry, then find ways to make sure your business is in compliance.

Our tax and accounting services for agricultural include:

We work with farming businesses in the Odessa, TX area and surrounding communities. We extend a free initial consultation to discuss our farm accounting and tax services so call us at 432-617-8070 now.

• Small business accounting
• Weekly or monthly financial statements
• Tax preparation and proactive tax planning
• Business valuation
• Risk management services
• Estate and succession planning
• QuickBooks™ Support
• New business advisory