All “Accounting” Posts

Taxes
Five Things to Ask Your Tax Professional About for 2026
By Nick Zarzycki
Taxes
Section 263A and the UNICAP Rules: A Simple Rundown
By Nick Zarzycki
Balance Sheets
Cost vs. Market Value: Which One Should I Use?
By Nick Zarzycki
Accounting Basics
Year-End Close: A Checklist for Agricultural Producers
By Nick Zarzycki
Accounting Basics
Debits and Credits: A Practical Guide
By Nick Zarzycki
Taxes
A Simple Guide to Form 1065: Return of Partnership Income
By Bryce Warnes
Accounting Basics
What’s My General Ledger and How Does It Work?
By Nick Zarzycki
Balance Sheets
Fixed Assets: Definitions and Examples
By Nick Zarzycki
Accounting Basics
C Corporations: A Decision Guide for Farmers and Ranchers
By Caitlyn Kelly
Taxes
2026 Tax Deadlines for Farmers
By Nick Zarzycki
Taxes
Deferring Income From Livestock Sales: How Does It Work?
By Nick Zarzycki
Taxes
Form 1125-A: How to Deduct COGS on Your Taxes
By Nick Zarzycki
Taxes
Form 3115: How to Change Your Accounting Method With the IRS
By Bryce Warnes
Company
Heifermetrics
By Eric Jasinski
Managerial Accounting
The Unit-Livestock-Price Method of Inventory Accounting
By Nick Zarzycki
Managerial Accounting
What Is the Farm-Price Method of Inventory Accounting?
By Nick Zarzycki
Managerial Accounting
The Lower of Cost and Market (LCM) Method of Inventory Accounting
By Nick Zarzycki
Managerial Accounting
The Cost Method of Inventory Accounting: A Simple Guide
By Nick Zarzycki
Accounting Basics
What Is Fair Market Value (FMV) and How Does It Work?
By Nick Zarzycki
Accounting Basics
Cost of Goods Sold (COGS): Definition, Formulas and Examples
By Nick Zarzycki
Accounting Basics
Current Assets: Definitions, Calculations and Examples
By Nick Zarzycki
Accounting Basics
What Is an Inventory Write-Down, and How Does It Work?
By Bryce Warnes
Managerial Accounting
Chemical Inventory and Recordkeeping for Agricultural Producers
By Nick Zarzycki
Managerial Accounting
A Producer’s Guide to Fertilizer Inventory and Recordkeeping
By Nick Zarzycki
Managerial Accounting
Sole Proprietorships and Partnerships: A Guide for Agricultural Producers
By Caitlyn Kelly
Managerial Accounting
Taking Care of Your Seeds: How to Manage a Seed Inventory
By Nick Zarzycki
Accounting Basics
Specific Identification Method: Definitions, Examples and Best Practices
By Nick Zarzycki
Accounting Basics
Weighted Average Cost (WAC): Definitions, Examples and Best Practices
By Nick Zarzycki
Accounting Basics
Last-In, First-Out (LIFO): Definitions, Examples and Best Practices
By Nick Zarzycki
Accounting Basics
First-In, First-Out (FIFO): Definition, Examples and Best Practices
By Nick Zarzycki
Accounting Basics
Which Farm Inventory Valuation Method Should I Use?
By Bryce Warnes
Accounting Basics
Farm Inventory Accounting 101
By Nick Zarzycki
Accounting Basics
Trial Balance: Best Practices, Definitions and Examples
By Bryce Warnes
Accounting Basics
What Is a Bank Reconciliation, and How Does It Work?
By Nick Zarzycki
Accounting Basics
How to Use a Petty Cash Record Book
By Bryce Warnes
Chart of Accounts
Separating Business and Personal Finances: A Checklist
By Nick Zarzycki
AR/AP Efficiency
Accounts Receivable (AR): Definitions, Best Practices and Examples
By Nick Zarzycki
Taxes
A Simple Guide to Depreciation and MACRS
By Nick Zarzycki
Taxes
An Introduction to Section 179 and Bonus Depreciation
By Nick Zarzycki