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Agriculture & Ranch
South Dakota is known for its farming and ranching industry. As CPAs and consultants, we know what makes the financial aspects of the agriculture industry thrive and grow. It’s a specialized area that calls for expertise and understanding—at Ketel Thorstenson, LLP (KTLLP), we’ve got both.
With constant challenges facing the agricultural and ranching industry, including an ever-changing economic climate, KTLLP is here to help the farmers and ranchers of western South Dakota and the surrounding area sow and reap the harvest, keep most of that harvest, and plan for succession. Our team has served as a trusted advisor to farmers and ranchers seeking expert advice on issues ranging from acquisition and expansion, to succession planning and tax minimization… and everything in between.
Farm accounting and taxation provides unique challenges compared to other businesses. With the ever-increasing costs of production, volatile commodities markets and ever changing agricultural technology, good financial management is an invaluable tool that should be used throughout the entire year and not just at tax time. We understand that you are great at farming and the management of finances goes to the wayside due to working hard all day to produce, lacking the time to handle these matters. But to maintain a successful farm, these functions are vital. Let the KTLLP Ag Team help.
Whether you’re looking to grow, aiming to keep the business in the family, or tackling complex tax issues, the KTLLP Ag Team members are available to assist you every step of the way.