As you gathered your numbers for this tax season, what shape did you find the farm's books in? How long did it take to pull everything together? Was it all well organized and "easy as you please" to assemble the final financial data for your tax preparer, or did you find yourself undertaking a massive chore in digging up all the necessary paperwork?
An increasingly popular opinion in the financial world today says that the time is coming when lenders will be looking to certain farmers to begin providing audit-ready books. That means always having accurate, up-to-date financial records available. Water Street Account Manager Jason Ladman provides an argument for all farmers to keep such detailed and consistently updated, starting today. He shares this logic with ag broadcaster Dewey Nelson in this week's KRVN radio interview.