Farm & agriculture

We prepare tax returns for farms and agricultural businesses around Springfield and Urbana.

Every operation is a little different, so the best first step is to call or text us and tell us a bit about yours. If you're getting ready for the 2027 filing season (tax year 2026), we can go over the records you'll want to have together.

Common situations we help with

Common situations we help with:

• Farm income and expenses that need to go on the return, including years where the farm is combined with a W-2 job off the farm
• Crop, livestock, and other farm income reported on 1099s or settlement sheets
• Records for inputs, fuel, rent, insurance, repairs, and loan interest
• Equipment or livestock you bought or sold during the year
• Most farm returns we prepare are Schedule F. We also prepare some farm entity returns, such as an LLC, partnership, or corporation.
• Bookkeeping for the farm during the year
• If you need payroll, we can connect you with a payroll provider we work with
• Questions about depreciation or Section 179 on equipment, based on your records.

What to bring, and what to expect

Bring what you have. We can work from a shoe box or a spreadsheet, and we'll tell you if something important is missing.

• Last year's return, if you have it
• Income records: settlement sheets, 1099s, and notes on crop or livestock sales
• Expense records: seed, feed, fertilizer, fuel, rent, insurance, repairs, and similar costs
• Purchase or sale records for equipment or livestock
• Loan interest statements
• If you have hired help, bring any payroll reports you received from your payroll provider

There isn't a separate farm organizer on the Forms page right now, so most farm clients start with a call or use the Self-Employed Business Organizer if that fits. You can come in, drop documents off, or upload them through our Client Portal.

This is general information, not advice for your specific situation. Tax rules change. Call or text us if you're not sure what applies to you.