AGRICULTURE
Grow a Stronger Financial Future for Your Agricultural Business
Understand your costs. Plan for seasonal cash flow. Protect what you’re building.
At LSL, we work alongside farmers, ranchers, dairies, growers, producers, agribusiness owners (and more!) throughout California to simplify accounting, navigate tax requirements, and make informed decisions for the future. Whether you’re managing daily operations, expanding your business, or preparing for the next generation, we help you connect your numbers to what comes next.
We understand your challenges
You plan ahead, but agriculture doesn’t always follow the plan. Weather, water availability, market prices, and production cycles can all affect your financial picture.
Some of the challenges you may be working through include:
- Seasonal Cash Flow
- Rising Operating Costs
- Crop and Livestock Profitability
- Tax Planning and Income Timing
- Equipment and Property Investments
- Cooperative Accounting and Reporting
- Family Ownership and Succession
We help you work through these challenges with practical financial guidance that reflects how your operation runs.
Our Solutions
Running a business in agriculture takes careful planning—and the ability to adapt when conditions change. From shifting harvest schedules and rising operating costs to equipment investments and family succession, your financial decisions affect more than this season’s results.
Compliance
Keep your financial reporting and tax requirements on track.
Reliable financial information supports conversations with lenders, owners, and cooperative members. We help you understand your requirements and prepare the reporting your business needs.
- Financial statement audits, reviews, and compilations
- Business and individual tax preparation
- Agricultural accounting and financial reporting
- Cooperative tax compliance and patronage dividend planning
- Financial reporting for mutual water companies
- Employee benefit plan audits, when required
Make tax planning part of your operating decisions.
A land purchase, equipment upgrade, or change in income can have a meaningful effect on your taxes. We help you evaluate the options early, with your business and personal goals in mind.
- Tax planning around crop and livestock cycles
- Evaluation of income and expense timing
- Equipment depreciation and expensing strategies
- Cost segregation opportunities for eligible agricultural facilities
- Like-kind exchange planning for qualifying real property
- Entity structure and ownership planning
- Tax considerations for cooperatives and their members
Tax Planning
Guidance and Strategy
Plan for the next season—and the next generation.
Whether you’re expanding production, improving facilities, or thinking about a future transition, we help you understand the financial implications and build a plan around your goals.
- CFO-level advisory and financial strategy
- Financing and capital investment planning
- Business structure and ownership guidance
- Succession and business exit planning
- Coordination with your legal and financial advisors on ownership and wealth transfer
Get accounting support that keeps pace with your operation.
During a busy season, accounting tasks can compete with everything else that needs your attention. Our outsourced accounting, controller, and CFO services provide support based on your needs.
- Day-to-day bookkeeping and account reconciliations
- Monthly close and financial reporting
- Accounts payable and receivable support
- Accounting cleanup and process improvements
- Budgeting, forecasting, and management reporting
- Controller and CFO guidance as your business grows
Outsourced Accounting Services
GET SUPPORT AND ADVICE
Who We Work With
We partner with agricultural business owners, CFOs, controllers, and family ownership teams across California, including:
- Row crop and permanent crop growers
- Citrus, table grape, date, and nut operations
- Dairies and livestock businesses
- Wineries and vineyard ownership entities
- Packing houses, cold storage facilities, and agricultural shippers
- Nut hullers and processors
- Agricultural cooperatives and mutual water companies
- Family-owned agricultural businesses planning for the next generation
A Financial Partner Who Understands Your Operation
Your Team – Brandon Ferrell and Chad Smith
Good advice starts with understanding your business: how your production cycle works, when costs come due, what drives your margins, and what you want to accomplish.
At LSL, we take the time to learn those details and explain your options in practical terms. You have a team to turn to when questions come up, decisions get complicated, or your plans change.
From managing seasonal demands to preparing for a major investment, we help you move forward with a clearer financial picture.
Chad Smith, CPA
Partner
Make Your Next Season’s Decisions with Confidence
Planning an equipment purchase? Looking for better visibility into your costs? Thinking about the future of your family business?
Let’s talk about where you are today and how LSL can support what comes next.
