Erik Gillam, CPA, Partner and lead of Aldrich’s agribusiness consulting, recently joined the National Land Podcast to share practical insights on the complex financial challenges facing agricultural businesses. Drawing on his experience advising farms of all sizes, Erik offered strategies to help agriculture producers make better financial decisions and plan for the future with confidence.
Throughout the conversation, Erik offered tangible strategies and key considerations for today’s producers, including:
- Why mid-to-large agricultural operations often outgrow their accountants—and how specialized advisors can fill the gap.
- Upcoming changes to bonus depreciation in 2025 and how to plan equipment and building investments accordingly.
- Choosing the right level of financial reporting—compilation, review, or audit—for your ag operation.
- Succession planning strategies for multi-generational farms, including entity structure and long-term tax planning.
Listen to the full episode here.
About Erik Gillam
Erik Gillam joined Aldrich in 2004 and leads Aldrich’s agribusiness practice. Grounded in experience growing up in an agriculture-forward small town, Erik has dedicated his career to consulting agricultural and farming clients, including providing assurance audits, reviews, and compilations.
Outside of Aldrich, Erik also serves as the President of National Society of Accountants for Cooperatives (NSAC).
About Aldrich
For more than 50 years, Aldrich has worked with businesses, their owners, and their employees to help them achieve their professional and personal financial goals. We pair deep industry experience with a full suite of integrated financial, tax, accounting, wealth, corporate retirement, and business transition services to help bring clarity to every phase of our clients’ personal and professional life cycles.
The Aldrich group of companies is composed of Aldrich CPAs + Advisors LLP, one of the top 70 accounting firms in the US; Aldrich Wealth LP, a Registered Investment Advisory firm with over $6.5 billion in assets under advisement; and Aldrich Capital Advisors LP, which provides advisory services for business transactions.
Based in Oregon since our founding in 1973, Aldrich now serves clients across the country from our eight offices throughout the Western US.
Learn more at www.aldrichadvisors.com/about.
