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NEND | Accountants figure out how much you owe for taxes. Unless you are the rare farm operation on accrual tax accounting, there is no way for an accountant to determine profitability on the farm. The only way that is accomplished with market based balance sheets is accrual earned equity analysis of the cash income statement. I would argue that even the banking sector is sometimes limited on lending staff that understands this process. I'm not in either camp of "we made money in 2025" or "we lost money in 2025". I have enough things of my own to work on. | |
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