Cattle Farmers

A Trust Financial Partner in your Cattle Farm Operation

At CGM CPA & Advisors, we understand the unique challenges and opportunities that come with operating a cattle farm. We offer a suite of specialized services tailored to meet the needs of those in the cattle industry. Our firm is confidently offering these services because of our personal experience in the industry, experience working as tax professionals with countless farmers, and our dedication to continually learning best practices and keeping up with current law. We combine a personal approach with modern strategies to create tailored solutions that not only ensure compliance but also enhance your farm’s financial performance.

Services we offer tailored to Cattle Farmers:

Succession Planning

Creating plans that ensure the longevity of your farm and a smooth, tax-efficient transition to future generations.

Government Program Guidance

We keep up with USDA and Missouri Department of Agriculture programs in order to help our clients navigate and maximize benefits from related programs and subsidies.

tax planning

The IRS Code contains dozens of advantages available exclusively to farmers. We have a deep understanding of these advantages, and when to implement them. 

Cash Management

One of your farm’s greatest assets is cash. Allocating that cash between funding opportunities, paying down debt, keeping some aside for repairs can be a challenge. We can help manage that challenge. 

Retirement Planning

Developing a plan for social security, IRA investment, and creating valuable assets that can be sold in retirement all must be taken into account.

Payroll Services

Specific payroll-related rules apply specifically to farmers. Place your trust in professionals who have experience with these rules and regulations.

Accounting Services

Accounting services for farms should not look like accounting for every other business. You need a CPA with experience in the farming industry to maintain your books in a manner that supports informed financial decisions and seamless tax preparation.

Comprehensive Tax Preparation

Detailed and accurate tax filing to ensure you are as tax-efficient as possible.

Because tax preparation happens over the entire year and not just on a single tax return, we offer tax planning and detailed quarterly tax estimates.