Source: FARM PROGRESS, 9/8/15


My neighbor, who has a bigger farm operation than I do, has a CPA do his books. He says the CPA's reports impress both his short-term and long-term lenders. I've been using the same accounting outfit for 15 years. Is switching to a CPA worth the extra expense? How much more would I typically pay? — J.P., PENNSYLVANIA

There's no doubt good accountants are worth their weight in gold. The first question to ask is whether you want or need an adviser or an administrator. An adviser helps you with what you need to decide, while an administrator helps you with what you need to do.

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