CPA Serving Jackson & Northampton County, NC
Northampton County is working land; peanuts, cotton, soybeans, timber, and now solar panels stretched across fields from Seaboard to Gaston. It is not, however, home to many CPAs. Hunter T. Bracy, CPA, PLLC is a licensed North Carolina CPA firm just down the raod in Ahoskie, serving Jackson, Conway, Rich Square, Woodland, Seaboard, Garysburg, and Severn through in-person meetings, a secure client portal, phone, and video.
Farm Taxes in Peanut & Cotton Country
Farm returns are the core of our practice, and Northampton's operations are exactly the work we do every year: Schedule F preparation, Section 179 and bonus depreciation on equipment, crop insurance and disaster payment reporting, government program payments, and the income-averaging and prepaid-expense decisions that smooth out a good crop year. We also handle timber sales, where capital gain versus ordinary income treatment is the difference between a fair tax bill and an unnecessary one.
Northampton landowners have signed some of the largest solar leases in North Carolina, and that income raises questions your neighbor's preparer may not have seen: how lease and easement payments are taxed, what happens when payments escalate, how a lease interacts with farm losses on the rest of the tract, and what a buyout offer really nets you after tax. We help landowners plan around solar income, not just report it.
Solar Farm Lease Income on Your Land
Farm Payroll, H-2A Workers & Small Business Bookkeeping
As an ADP RUN Certified Partner we run farm and small business payroll; H-2A seasonal workers, Form 943, withholding, W-2s, and 1099s. Northampton's shops, trucking operations, and trade contractors get monthly QuickBooks Online bookkeeping with CPA oversight from $175/month plus NC sales tax filing.
Right down the road, Year-Round
We work with farmers, landowners, and small business owners on both sides of the Roanoke; this is home territory. Direct access to a licensed CPA (NC License No. 42093), no seasonal storefront. Call (252) 287-5920 or complete our client inquiry form to get started.