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Fort Collins Agricultural Accounting Firms
Founded originally as an agricultural colony in 1872, Fort Collins’ agriculture continues to thrive. But today’s farms have some complicated financial paths that farmers of yesteryear never had to contemplate. So when you start your search for ‘Fort Collins Agricultural Accounting Firms,’ you will find the experts at Rodahl and Company to keep the finances running smoothly. Call 970-207-0747.
Finding the top Fort Collins Agriculture Accounting Firms can help the farm
When the Fort Collins Agricultural Colony started, the plan was to only divide 3,000 acres in small plots. Today, farming throughout Larimer County reaches into the hundreds of thousands in acreage. The 2017 Census of Agriculture reports that the number of farms in Larimer County grew 26 percent in five years to just over 2,000. But the number of acres in farm and ranchland grew just 7% to roughly 483,000 acres.
Today’s farmers have a lot to consider, not to mention staying afloat financially. Between following food safety guidelines, using appropriate crop and animal protections, and ensuring you stay up to date on the Waters of the United States rules, as a grower today, you’ve got a lot on your mind. Not to mention, the encroaching residential development across the way. While today’s farmers can make a living, their total farm production expenses equate to more than half of their products’ market value.
Farming and finances don’t always mix well
Today’s economy is tough on all of us. But farmers and ranchers have additional considerations, including the worry of the health of their crops or livestock. According to the Economic Research Service with the U.S. Department of Agriculture, “The economic well-being of farm operator households is not equivalent to the financial performance of the associated farm business or of the farm sector generally. Several stakeholders in addition to farm operators—such as landlords and contractors—have a claim on the net value that agriculture adds to the economy. In addition, farm operator households often have nonfarm investments, jobs, and other links to the nonfarm economy.”
Read what our happy clients have to say:
Suffice it to say that farming and finances are a delicate balancing act. When you search for Fort Collins Agricultural Accounting Firms, you know the Rodahl and Company team has experienced professionals. We will answer questions from crop insurance planning to production deductions, equipment acquisition and depreciation, IRS controversies, and more. Our team members even have connections to agriculture. We have staff who understand the business. Meet Tony Powell, a staff accountant with Rodahl and Company since 2017. He operates and works his own small farm.
We’ve also expanded our services to Greeley, the hub of Weld County agriculture. There, agriculture is even greater at more than 4,000 farms that farm more than 2 million acres of land, according to the 2017 Census of Agriculture.
Rodahl and Company CPA has been managing clients’ accounting and bookkeeping for more than 20 years. Our team takes pride in ensuring they steer clients in the best financial directions from the family farm up to the corporate headquarters. Our comprehensive services include full-service accounting, bookkeeping, payroll, business consulting, and QuickBooks® set up.
You may also be interested in our blog post: Bookkeeping Firms Fort Collins.