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Home » Authors » Brandie O’Dell

Articles by Brandie O’Dell

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Understanding ASC 842 leases: A guide for dairy producers

This new standard introduces significant changes to the way leases are recognized and measured, impacting financial statements and disclosure requirements.
July 21, 2023
Brandie O’Dell

As a dairy producer, navigating the complexities of financial reporting can be a daunting task. One area that requires special attention is the accounting for leases, particularly with the implementation of the Accounting Standards Codification 842 (ASC 842).


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What is a 199A qualified business income deduction?

August 26, 2021
Brandie O’Dell
Are you a profitable business owner? Are you looking for ways to reduce your federal income tax liability without spending cash?
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COVID-19 employment tax credits

November 25, 2020
Brandie O’Dell
The 2020 coronavirus (COVID-19) pandemic has certainly left many Americans scrambling and having to make lifestyle changes they never expected. While many Americans are left without jobs, there are lots of “essential” employees still working.
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Financial statements and how to account for growing-crop costs

September 30, 2019
Brandie O’Dell
Why do banks require financial statements? Financial statements provide the bank reassurance that the operation is in compliance with covenants as set forth in their agreements.
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