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Sales tax and agriculture | TaxConnex

TaxConnex

So does agriculture, and several aspects make this industry trickier than others for sales tax. Here are points to keep in mind regarding sales tax and agriculture. Recently, for instance, Alabama degreed that some agriculture products exempt from sales and use tax. Many industries come with confusing sales tax complexities.

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Unveiling the Potential of Client Advisory Services in Agriculture

Insightful Accountant

For accounting firms to expand their services into Client Advisory Services (CAS) specifically tailored for the agricultural sector. Traditionally, accounting services have focused on tax and compliance, but CAS offers a path to exponential growth.

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Agricultural Grants - a guide to their accounting and tax treatment

Wellers Accounting

Charlie Tredwell ACA explores the Agricultural Grants available and their impact in terms of your accounts and tax position.

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Form 943: What to Know About Agricultural Withholding

Patriot Software

If you are an agricultural employer, you likely withhold taxes from your employees’ pay. Various types of employers must withhold taxes from employees’ wages, including employers hiring farm workers. And, you are responsible for reporting wages on IRS Form 943. So, what is Form 943? What is Form 943?

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The Farming Business’s Guide to Agricultural Accounting

Patriot Software

But, some aspects of agricultural accounting—like livestock and land—are specific to farming businesses. Agricultural accounting Q&A Farm accounting tax forms What’s considered a “farm business?” Like any business, you need up-to-date accounting records if you run a farm, ranch, or related operation.

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How FinTech Firms Are Tackling Africa’s Agriculture Challenges

PYMNTS

The company says it is, in essence, enterprise resource planning (ERP) for agriculture. Its goal is to ensure that all of the players in the agriculture value chain — from farmers to produce aggregators and financial institutions — can conduct business in a trusted environment.

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Sowing The Seeds Of Agriculture Banking Modernization

PYMNTS

The farming and agriculture industry remains a pillar of society, and some of the world’s largest banks — like France’s Credit Agricole — first began as institutions to finance small farming businesses. the agriculture sector is widely ignored by big banks and FinTechs. But today, in some markets like the U.K.,