Food Processing & Agriculture

The partners of Frost, PLLC formerly, Terkelsen, Smith & Tyree have been providing professional service to the agricultural community since 1961. The firm’s area of agricultural expertise extends to crops, cattle, seed operations, chemical operations and other ag support services. We have compiled the following resources to assist our clients with important agribusiness financial decisions.

From increasing regulations to pricing pressures and labor issues, we understand the challenges you face. We have extensive experience working with agriculture industry businesses of all types. Some of the services our agriculture specialists can provide you include:

  • Auditing
  • Review
  • Compilation
  • GAAP financial statements
  • Business tax compliance
  • Budget planning
  • Financing consultancy
  • Bookkeeping and accounting services
  • QuickBooks consulting
  • 401(k) audits
  • Tax planning

Web Resources for Ag

Federal Publications

The IRS publishes a Market Segment Specialization Program (MSSP) intended to serve as an Audit Technique Guide (ATG) to their field officers when conducting an audit of your federal tax return. This guide not only covers nearly all the tax issues related to the targeted industry, but will also give you a great deal of insight as to what kind of adjustments an IRS officer will be looking for during an audit.

Agriculture – IRS Publications

The IRS produces many publications with general information about various topics. Here are some of the more popular publications regarding the agricultural industry.

Web Links

Listed below (in alphabetical order) are links to websites relevant to the agricultural industry:

Not Finding What You Are Looking For?
If you are looking for something specific that is related to the Agricultural Industry and are having a difficult time finding it, please feel free to contact us and we will be happy to help you.