Industries > Agriculture

Agriculture

You Focus on the Land. We'll Deliver the Financial Clarity.

From farm accounting to agribusiness tax planning and succession strategies, our full-service team supports farmers and agricultural businesses across Manhattan, Kansas and the surrounding region with confidence and clarity.

Strategic Accounting & Advisory for Farmers and Agribusinesses

Agriculture comes with unique financial challenges—volatile commodity markets, complex tax rules, multi-generational operations, and capital-intensive equipment investments. That’s why we offer more than compliance.


Our team works alongside farmers, ranchers, and agribusiness owners across Kansas to provide the financial clarity and strategic insight needed to run profitable, sustainable operations.

Farm & Agribusiness Accounting

We provide specialized farm accounting services designed to help agricultural operations maintain accurate financial records and make informed decisions.

  • Agricultural bookkeeping and financial reporting 
  • Cash, accrual, and market-value financial statements 
  • Commodity and inventory accounting
  • Farm financial benchmarking and ratio analysis

Agricultural Tax Planning

Our team helps farmers navigate changing tax regulations while maximizing opportunities for tax efficiency.

  • Farm and agribusiness tax preparation
  • Federal and Kansas state tax planning
  • Section 179 and depreciation strategies
  • Corporate, partnership, and individual tax filings

Farm Succession & Estate Planning

Many Kansas farms are family businesses passed down through generations. We help ensure those transitions happen smoothly.

  • Farm succession planning
  • Estate and gift planning strategies
  • Ownership structure and trust planning 
  • Intergenerational transition guidance

Agricultural Business Advisory

Beyond compliance, we help agricultural businesses make strategic financial decisions that support long-term growth.

  • Cash flow planning and forecasting
  • Farm budgeting and financial analysis
  • Business valuations for agricultural operations
  • Strategic growth and expansion planning

Why Agricultural Businesses Choose Varney

We’re not just accountants—we’re trusted advisors who understand the unique financial realities of agriculture in Kansas.

Clarity - Financial reporting designed specifically for farm operations

Trust - A responsive team that understands agriculture and rural businesses

Expertise - Decades of experience serving farmers and agribusinesses across Kansas

Efficiency - Systems that simplify financial management and save time

Partnership - Long-term advisors who support generational farm success

"Varney understands the financial realities of farming and has helped us make better decisions for our operation."

AGRICULTURE CLIENT

"Their team provides clarity around our numbers so we can focus on running the farm."

AGRIBUSINESS OWNER

"Working with Varney has given us confidence in our financial planning for the future."

FARM OWNER

Frequently Asked Questions About Agricultural Accounting

Agricultural accounting must account for seasonal revenue cycles, fluctuating commodity prices, and biological assets like crops and livestock. Farms also manage long production cycles and specialized inventory tracking that require accounting methods designed specifically for agriculture.

Farmers can deduct many ordinary business expenses including seed, fertilizer, feed, labor, fuel, insurance, and equipment depreciation. Strategic tax planning helps maximize these deductions while staying compliant with federal and Kansas tax laws.

Many farms use cash-basis accounting because it simplifies recordkeeping and tracks income when it is received. Larger farms or operations with significant inventory may benefit from accrual accounting, which provides a more accurate picture of financial performance.

Farm income may include crop sales, livestock sales, agricultural subsidies, crop insurance proceeds, and revenue from custom farming services.

Budgeting, forecasting, and expense tracking help farms maintain healthy cash flow between planting, harvesting, and sales cycles.

Financial reporting helps farmers understand profitability, track expenses, and make strategic decisions about equipment purchases, crop production, and expansion.

Succession planning should start years before ownership changes occur to ensure tax efficiency and smooth transitions between generations.

Ready to Strengthen Your Agricultural Business?

We’d love to learn more about your farm or agribusiness and how we can support your financial goals.