Food and Agri-business Experience at MHFA
At MHFA we’ve been servicing companies in the agriculture and food processing industries for years. Our agri-business team has recently grown and has a wide range of experience, including large producers and processors in grains/row crops, dairy, trees/vines (permanent crops such as fresh fruit, wine grapes, citrus, tree nuts, etc.) and greenhouse crops, among others.MHFA's agri-business focus includes:
- Agriculture producers
- Agriculture processors
- Agricultural cooperatives
- Institutional farm portfolios
- Agricultural equipment & products manufacturers and dealers
- Independent grocers, food suppliers, & restaurant industry
- Medical cannabis industry
In addition to the traditional income tax and assurance services, MHFA can help with:
- Projections and profitability studies
- Breakeven point analysis
- Identification of tax credits and incentive programs
- Analyzing your commodity-hedging practices to assist with compliance with internal policies and accounting methods, along with hedge effectiveness
- Farm succession planning, investment & financial planning to increase market value and transaction assistance
- State & local tax burdens & risks
- Payroll processing services
- Evaluate and help develop internal controls
- Compiling year-end data and projections for tax planning
- Interim Controller/CFO services
- Other accounting service help including accrual based financial reporting
Our experience and understanding of these industries is exactly why clients and operators rely on us. We understand the common financial issues agri-businesses are up against and are ready to assist you with practical accounting solutions and tax strategies. Contact one of our food and agri-business specialists for any needs at (217) 351-2000. Email addresses for our team are linked below: