Klemm Tax Service

Crafting Agricultural Tax Strategies for Success

Klemm Tax Service, Inc. has been serving the agricultural community in central Illinois for over four decades. Founded by Robert Klemm, our experienced team has helped farmers, ranchers, and agribusinesses maximize their financial success through strategic tax planning and meticulous preparation.

Dedicated Expertise in Agricultural Taxes

Our team possesses a deep understanding of agricultural accounting practices and tax regulations. We work closely with clients to develop personalized tax strategies that consider their unique operations, risk factors, and financial goals. Our services offer:

Tax Planning & Consulting

• Comprehensive review of current financial situation and tax obligations
• Development of tailored tax planning strategies
• Risk mitigation planning to minimize taxes owed
• Succession planning and estate tax consultation

Tax Preparation

• Individual tax returns (Form 1040)
• Business tax returns (Form 1040-MISC, Form 1120)
• Partnership tax returns (Form 1065)
• Estate and trust tax returns
• Specialized handling of agricultural businesses with Schedule F filings

Accounting & Bookkeeping

• Comprehensive computerized record-keeping systems
• Monthly financial reports tailored to your needs
• Assistance with filing Schedule F and other agricultural forms

A Legacy of Service and Expertise

Throughout our history, Klemm Tax Service has built a reputation for personalized service, responsiveness, and unwavering expertise. Robert Klemm's dedication to the agricultural community has earned him recognition from the Illinois Farm Bureau and various agricultural organizations. He and his team are actively involved in community activities, showcasing their commitment to local businesses and farmers.

Partnering for Success

At Klemm Tax Service, we view tax planning as a collaborative process. We take the time to understand our clients' unique goals and challenges, working alongside them to achieve optimal financial outcomes. Our personalized approach and attention to detail have earned the trust of generations of farmers and agricultural businesses in central Illinois.