Wade Farm Financial Services

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Wade Farm Financial Services Wade Farm Financial Services offers bookkeeping and tax services to Western Kentucky farmers. It also requires that you be a financial strategist.

Our Purpose:

“When you work with farmers at the level we do, you develop a warm and professional business relationship and an appreciation for what the farm community means to Western Kentucky and Tennessee.”
–Ken Wade, Founder

Success in farming today requires more than just being a good farmer. It’s important that you have a well-thought-out and well-executed plan for using money to make money. It doesn’t take a mathematician or an economist to know that, over the long run, a business that manages its risks is likely to make more profit than a business that just accepts risks. Learn management advantages and how they can help lower your risks, develop profit opportunities, and ensure your farm’s prosperity. Our History:

Kenny and Jerilyn Wade founded Wade Farm Financial Services in 1985 in order to cater specifically to farmers’ unique financial needs. For the first six months they ran the business out of their Mayfield home until they were able to rent a space at the Graves County Farm Bureau building in 1986. It was just the two of them and a part-time employee. In 1989 they opened the Kevil office, managed by Teddy Powell. In 1992 the WFFS main office moved to the old Graves County Chamber of Commerce building–and it is still there to this day. In 2009, after 24 years in business, Kenny turned over ownership of Wade Farm Financial Services to his daughter, Penny Wade Smith, who remains owner and manager. In 2016 WFFS opened its Clinton Office, staffed by Jarrod Burgess, Kayla Deweese, and Shellie Byassee.

10/23/2026

What happens if you crop share in retirement? Do you have to keep paying CRP taxes when you start collecting Social Security?

Our new Field Notes collection on retirement answers these and other questions.

Check out agtaxu.com/field-notes, scroll to the library and select the retirement category for our short video courses on these and other topics for farmers.

💗 Seeing PINK and celebrating BIG today! 🎀Happy Boss’s Day to a boss who is strong, inspiring, and proof that a little (...
10/16/2026

💗 Seeing PINK and celebrating BIG today! 🎀
Happy Boss’s Day to a boss who is strong, inspiring, and proof that a little (or a lot of) pink can stand for something BIG! 💕 In honor of Breast Cancer Awareness Month, we’re wearing pink to celebrate not only the cause, but also our very own breast cancer survivor. We’re thankful for her leadership, strength, and everything she brings to our team!
Today, we celebrate YOU 💗🎀

🌾 Happy National Farmers Day! 🌾Today, we’re celebrating the farmers who work before the sun comes up, stay long after it...
10/12/2026

🌾 Happy National Farmers Day! 🌾

Today, we’re celebrating the farmers who work before the sun comes up, stay long after it goes down, and put in the work day after day, no matter what Mother Nature throws their way.

Farming is more than a job. It’s a way of life, a family tradition, and the foundation of our communities. We’re incredibly grateful for the farmers we have the privilege of working with and for the trust they place in us to be a small part of their operation.

Here’s to the hands that work the soil, the families behind the farm, and the generations carrying agriculture forward. 🚜🌱

Thank you, farmers, for feeding our families, fueling our communities, and keeping agriculture strong.

Happy National Farmers Day from all of us at Wade Farm Financial Services! ❤️🌾

Please vote for our Sesame Street haybale in the River Valley AgCredit ***To vote, click on the actual picture and give...
10/12/2026

Please vote for our Sesame Street haybale in the River Valley AgCredit
***To vote, click on the actual picture and give it a like/love***
Thank you!

Wade Farm Financial - Sesame Street

09/23/2026

Get to know the experts behind the education.

Ag Tax University webinars were developed by Paul Neiffer, CPA, and Penny Wade Smith, EA.

Penny is a respected educator and second-generation owner of Wade Farm Financial Services in Mayfield, Kentucky. Specializing in farm taxation, bookkeeping, and succession planning, she has over two decades of experience advising tax professionals who serve agricultural clients. As a national instructor for the National Association of Tax Professionals (NATP), Penny teaches at conferences, webinars, and state events, covering topics like farm taxation, partnerships, S corporations, basis, and depreciation. Learn more about Penny: https://bit.ly/4gyp8LT.

09/19/2026

Congratulations, Karen Grooms ! You are the winner of our cooler giveaway 🎉 We will be contacting you soon.

🎉 ONE DAY until the Mayfield Downtown Farmers Market!Come support Wade Farm Financial Services and the Mayfield Downtown...
09/18/2026

🎉 ONE DAY until the Mayfield Downtown Farmers Market!
Come support Wade Farm Financial Services and the Mayfield Downtown Farmers Market this Saturday, September 19th, from 7 AM–NOON! 🌾
Be sure to stop by our booth for a chance to win a cooler full of goodies, grab some special freebies, and let the kids play our cute game! 🧒🎁
And don’t forget, our clients can grab a $50 OFF 2027 bookkeeping or 2026 tax return certificate as a special thank-you for attending (one per client). Stop by and see one of our smiling faces to get yours. 😊
We hope to see you Saturday! 💚

Join us Saturday, September for a fun time.

🎉 Just TWO DAYS until the Mayfield Downtown Farmers Market!Come support Wade Farm Financial Services and the Mayfield Do...
09/17/2026

🎉 Just TWO DAYS until the Mayfield Downtown Farmers Market!
Come support Wade Farm Financial Services and the Mayfield Downtown Farmers Market this Saturday, September 19th, from 7 AM–NOON! 🌾
Be sure to stop by our booth for a chance to win a cooler full of goodies, grab some special freebies, and let the kids play our cute game! 🧒🎁
And don’t forget, our clients can grab a $50 OFF 2027 bookkeeping or 2026 tax return certificate as a special thank-you for attending (one per client). Stop by and see one of our smiling faces to get yours. 😊
We hope to see you Saturday! 💚

Don't miss the Antique Tractor Show at the Mayfield Farmers Market - Saturday, September 19th.

09/17/2026

Start your Saturday off right with mini donuts from Sweet Wheels.

Address

902 W Broadway
Mayfield, KY
42066

Opening Hours

Monday 9am - 4pm
Tuesday 9am - 4pm
Wednesday 9am - 4pm
Thursday 9am - 4pm
Friday 9am - 1pm

Telephone

(270) 247-1229

Website

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