Ken Sharpe grew up in the ag industry and bought and operated a dairy farm alongside his wife, Sherri from 1987-1993.  They purchased their current farm in 1997 and now raise Purebred Friesian horses and Purebred Shorthorn cattle.Ken completed his Chartered Professional Accountant degree in 1999 from the Institute of Chartered Professional Accountants of Manitoba. Ken has had his own public accounting practice since 2000.  Today, he and Sherri own Sharpe and Company in Brandon, Manitoba, which is a small family business that employs 5 staff, including 2 CPAs and a payroll specialist.  Ken specializes in farm, small business and personal tax.When Ken is not busy in the office or on the farm, he enjoys spending time on boards and committees. Ken is the current Treasurer of Baseball Canada (National Association), the Former VP of Finance for the Manitoba Habitat Heritage Corporation and the Past President of Manitoba Baseball Association (Provincial Association).  He is also a Former local School Board Trustee and Former Member of Institute of Chartered Professional Accountants of Manitoba Bylaws Committee.In today’s episode, Ken shares valuable information when it comes to taxes, planning for the future, bookkeeping and more.To start off with, we discuss how producers can be preparing to manage profit when selling calf crops in a high cattle market.  We also look at the situation of herd dispersal and how to manage and plan for the profit that comes with that sale.Ken addresses some common questions he is asked by farmers as an accountant, as well as items that are commonly missed that they need for bookkeeping and tax planning and items that might be missed or forgotten about when planning cash flow.We talk about changes to the tax laws for 2025/2026, Ken’s stance on tax payment vs. tax avoidance, and how tax planning differs between businesses looking to expand vs. those downsizing vs. those staying at their current scaleWe talk about the services Sharpe and Co. offers and what makes bookkeeping easier for bookkeepers regardless of who is doing this work for the operation.To contact Ken or Sharpe and Company, you can find their website at: https://www.sharpeandcompany.ca/Call the office at: 204-571-1226 or toll free at: 1-877-343-6752Or find them on Facebook at: Sharpe & CompanyLinks:MB chartered accountant listing: https://cpamb.ca/main/main/find-a-cpa/find-a-cpa.aspx The research programs and daily operations at MBFI would not be possible without the funding from the Province of Manitoba, Government of Canada, and Sustainable Canadian Agricultural Partnership, as well as the partnership with Manitoba Agriculture, Manitoba Beef Producers (MBP) and Ducks Unlimited Canada (DUC).We encourage you to follow MBFI on social media, or check out the website for more information on project findings and results, upcoming events and more!Instagram: @MBBeefandForageFacebook: @MBBeefandForageX (Twitter): @MBBeefandForageWebsite: www.mbfi.ca Email address: [email protected] Mary-Jane’s Phone Number: 431-255-0011

Ver todos los episodios