Farm4Profit Podcast

Tax Moves That Put Real Money Back in YOUR Pocket


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Tax season doesn’t have to be a scramble — and today’s guests show farmers exactly how to get ahead. We’re joined by two ag-focused CPAs: Mackenzie Sprain from LattaHarris and Hannah Mann from Pioneer Accounting LLC. One brings deep ag tax expertise, the other specializes in helping farmers build cleaner records and better financial visibility — together, they give producers a complete roadmap for winning tax season before it starts.

We open with an honest look at the 2025 tax landscape: inflation pressures, high interest rates, shifting policy environments, and the growing relevance of tools like Section 180 deductions, R&D credits, conservation program rules, CRP tax treatment, and more. Mackenzie and Hannah outline how year-round planning beats last-minute spending — and why quarterly conversations with your accountant can save thousands.

From there, we dig into the power of modern recordkeeping. Tools like Ambrook allow producers to tag expenses by enterprise, monitor breakevens in real time, organize receipts, and make equipment or land decisions with clarity instead of guesswork. The CPAs share real stories of farmers who uncovered hidden savings, improved profitability, or avoided costly mistakes simply by keeping organized, digital records.

We also cover common mistakes farmers make — outdated depreciation schedules, misclassified wages, partnership changes not reported, misunderstood conservation payments, or relying on handshake agreements without tax implications in mind. Mackenzie and Hannah walk through the opportunities available for 2025: Section 179 planning, bonus depreciation limits, energy tax credits, R&D credits for agronomy trials, and strategies to minimize interest-driven tax impacts.

We close with actionable takeaways: start early, track continuously, communicate often, and use technology to transform tax planning from compliance into strategy. If you want to reduce stress, avoid surprises, and make tax season another profit tool for your operation, this episode is packed with practical, CPA-approved guidance you can apply immediately.

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Website: www.Farm4Profit.com

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Farm4Profit PodcastBy David Whitaker, Corey Hillebo, Tanner Winterhof

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