Tractor on farmland

Agribusiness

Agribusiness and farm accounting requires special insight into tax methods and changing legislation, along with expertise in a variety of services, such as succession planning, operations and cash flow, farm financing, tax benefits unique to farmers, farm transportation, and farm technology.

At HW&Co., we have CPAs who have direct, personal knowledge of what it takes to run a farm; they have lived, owned, and worked on family farms in rural Ohio. For example, Dave Shealy, an HW&Co. principal, grew up on a modest farm in Northeast Crawford County, Ohio, helping his father raise cattle and hogs. Lorraine Walter is a tax specialist at HW&Co. whose family—including herself, her husband, and her sons—owns a large agribusiness operation. In addition, Sue Bennet is a senior manager who has extensive experience serving multi-generational farm operations throughout central Ohio. Dave, Lorraine, and Sue are just a few examples of the talented individuals who comprise our expert agribusiness team.

Our goal is to be forward-thinking, efficient, and educated in all areas of agribusiness so that we provide relevant and up-to-date information for this continually advancing industry and the hardworking farmers and other agriculture professionals who support it.

Who We Serve

  • Row Crop Farmers
  • Grain and Hay Farmers
  • Livestock, Dairy, and Poultry Farmers
  • Farm Transport Companies

Our Services

For over 30 years, we have enjoyed helping successful farmers and professionals find innovative solutions to complex challenges. We offer the full spectrum of accounting services for agribusiness operations, which are tailored to incorporate the industry’s particular requirements. We also specialize in succession and estate planning, and we are uniquely qualified to advise farmers on how to achieve maximum governmental payments and ensure they remain available during transitions of ownership.

Accounting & Assurance
Tax Planning & Strategies
Consulting

We handle the following Accounting & Assurance issues:

  • Financial statement preparation and auditing
  • Business valuation services
  • Cost segregation studies
  • Credits and incentives analysis
  • Recordkeeping, bookkeeping and payroll services
  • Certified QuickBooks ProAdvisor

Our Tax Planning & Strategies include:

  • Entity selection and restructuring
  • Tax planning and compliance
  • Tax credits, incentives, and deductions (including research and development credits and the domestic production activities deduction)

For Consulting, turn to us for assistance with:

  • Family farm succession & estate planning
  • Strategic risk management
  • Virtual CFO services