Posted 2/16/2026 11:11 (#11553598 - in reply to #11553560) Subject: RE: My accountant claims…
Eastern Shore of MD
Oakview, I agree 100%. If operation regularly has inventory/ prepaid expenses/ etc at year end the only way to capture profitability is year end accrual statements that adjust for the year end change in values. If one files cash basis tax return the accountant will not have a clue how profitable or not a farm is.
My accountant claims…
