Farm & Forest Business & Tax Services exists to provide your operation with professional services that enable you to advance your goals. Assessments and analysis can give you an objective third party perspective on the business you are operating everyday. You’ve heard the old adage “I can’t see the forest for the trees.” It can be true of the business owner who is actively managing the operation. I know because it was true of me when I was operating my farm full time. It is always helpful to bring in an outside perspective and compare your business to industry benchmarks. A financial assessment and enterprise analysis do just that. We can provide that service for your farm or forest related business.
Another service we provide is business valuations. Working closely with an experienced licensed farm appraiser we can develop an opinion of value for your business or one of your key enterprises so that you can make key decisions about the future. You may need the valuation in preparation of a transfer or succession or you may need it to evaluate future investment. We can help place an objective value on your business as a going concern.
Every year you’ll need to plan for tax implications and file a tax return. Let us help you prepare for taxes and strategize to ensure that you are fully taking advantage of credits and deductions that can help reduce your liabilities. The tax code is complicated but we bring experience to help navigate your annual returns.
Kevin Channell is the principal owner of Farm & Forest Business & Tax Services. Kevin and his wife, Laura, moved to Vermont in 2005 and co-founded Your Farm in Fairlee in 2006. The farm produced and sold produce, meat, and eggs direct to retail and wholesale accounts in the Upper Valley from 2006-2013. They were blessed with twin boys in 2013 and transferred the farm to a young couple who continue to grow the operation.
Kevin soon began graduate studies in farm business management and economics, while continuing to consult with farms and organizations, and develop rural real estate. In 2016 he began working as a loan officer at Yankee Farm Credit. There he analyzed farm finances, evaluated industry benchmarks, closed real estate transactions, ordered and reviewed appraisals, evaluated deeds and title opinions, processed loan requests, and provided underwriting services and tax analysis. From there he began working as a farm business planner for the Intervale Center within Vermont’s Farm & Forest Viability network focusing on farm acquisitions, enterprise analysis, farm successions, and transfer planning.
Kevin enjoys providing a range of business planning services along with the tax preparation service for farms and small businesses. Kevin and his family now own and operate Vermont Alpine Farm in Reading, VT where they raise beef cattle and greenhouse crops and host a farmstay. He is committed to making a positive impact on the future of your farm, your small business and your family.