Agriculture
The business of farming has radically changed within the last century. Now, more than ever, it is crucial to have a strong accounting partner keeping your finances as healthy as your yields. Bevan and Partners Chartered Professional Accountants have supported our agriculture clients in Alberta and Saskatchewan since 1950.
Our Agriculture Financial Services and Consultancy Services
- The Canadian AgriInvest Program: A program for agricultural producers that acts like a savings account where allowable annual producer deposits to their AgriInvest bank accounts are matched, based on a positive Allowable Net Sales calculation. Through our training and experience, we can find a a comfortable piece of your profits to invest in this program to save for troubled times.
- AgriStability Program: The agriculture industry is packed with uncertainty. Taking advantage of the AgriStability program can be a smart move to help mitigate the highs and lows of your yearly revenue.
- Farm Succession Planning: Whether your operation is family-owned or a commercial farming business, planning for the future is essential. Part of the process is knowing the financial repercussions to you and your beneficiaries. Our Chartered Professional Accountants will advise you on all of the current tax codes and how they affect all parties involved. We educate you and your beneficiaries on best tax plan strategies before, during, and after the transition as well.
- Agricultural Tax Planning: Having a tax planning strategy in place is vital and It ensures that you pay the minimum amount of tax. Our accounting team is required to stay up-to-date on all federal and provincial tax regulations. Our firm will also represent you if the CRA has any questions concerning your tax returns.
Contact us regarding any questions you may have about our agricultural services.
