Bookkeeping and taxes are two of the most common stress points for farmers, especially heading into tax season.
In this webinar, we break down the foundations of farm bookkeeping in simple terms. We explain how to structure your chart of accounts using Schedule F, how to track revenue and expenses correctly, when purchases become assets, and how depreciation works.
Good Agriculture CEO Alex Edquist walks through how to read your financial statements and answer practical questions like:
How to set up your chart of accounts using Schedule F
Revenue vs. expenses vs. assets explained clearly
The $2,500 rule for capital purchases
Depreciation made simple
Mileage vs. actual vehicle expenses
Estimated tax deadlines for farmers
What’s actually deductible (and what isn’t)
Whether you’re using spreadsheets, QuickBooks, or still figuring it out, this session will help you clean things up and move forward with clarity.
If you’d like support with bookkeeping or tax filing, reach out to us by filling out the form below or give us a call at 404-981-3981.
If your books aren’t fully organized yet, we can help you clean things up and prepare for tax season so you’re working from solid ground. If you missed previous webinars, or want to relive the fun again, visit our Webinar Series page.