Farm Credit East Tax Preparation Requirements

To ensure we provide the best service to all of our customers, we have developed the following requirements for our tax preparation services. These requirements allow us to continue to deliver high quality, value-added services to you and your business. We encourage you to review these requirements prior to contacting us regarding your tax needs to ensure we are a good fit for you and your business.

Family, farm and cattle with a girl and father walking on a field or grass meadow in the agricultural industry.

Minimum Pricing*

Product	Minimum Pricing
Basic 1040 tax return without a business schedule	$250, or time entered, whichever is greater
1040 tax returns with business schedules (including C, E, and F)	$750, or time entered, whichever is greater
1099’s	$150 for the first 10, with $15 for each additional 1099. Any accounting work to determine the list of vendors will be billed at an hourly rate

*Pricing is for 2024 returns and is subject to change in the future.

Information Standards

Business customers must provide one of the following:

A backup from your accounting software (e.g. QuickBooks, CenterPoint, etc.)
A profit and loss report or summarized financials (not check stubs, receipts or bank statements).

Farm Credit East is happy to engage those customers who may need additional recordkeeping services at an additional cost, while continuing to prepare their tax returns.

Submission Deadlines

January 17: Information to process 1099s must be received by January 17, with a processing cutoff date of January 31.
March 15: All information to complete the tax return must be received. If not received by March 15, the return will be put on extension.
June 1: All information to complete the tax return for those returns prepared after April 15 must be received. Customers will receive a reminder in May requesting all outstanding information required to prepare the tax return (excluding any outstanding K-1s that have yet to be received) by June 1.

If these standards are agreeable to you and your business, please complete the form below to provide more insight into your tax needs. Please be specific in your request. After submitting an inquiry, a Farm Credit East tax specialist will reach out to discuss your tax situation.

First Name*

Last Name*

Farm/Organization Name

Industry

Zip Code*

Email*

Phone*

Please provide a brief explanation of your tax situation and the services you seek. (Be as specific as possible)*

Are your tax filings currently up to date?*

Yes

Are you able to supply a backup to your accounting software (e.g. Quickbooks, Centerpoint, etc.)?*

Yes

If not, are you able to provide a profit and loss report or summarized financials (not check stubs, receipts or bank statements)? *

Yes

Confirm you’ve read and are agreeable to our minimum pricing.

I have read and agree to minimum pricing.

How did you hear about our services?

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