October 5, 2017
NASHVILLE, Tenn (RFD-TV) Over the past several decades, one of the most popular tax planning strategies farmers use is to put their farmland holdings into one entity then rent the ground to their farming operation. However, a recent tax court decision could toughen requirements for this kind of arrangement. In today’s Rural Money segment, Paul Neiffer, agriculture accounting expert with Clifton Larson Allen, explains possible outcomes of the latest tax court ruling.
Watch the video above to learn more about this important topic, and if you’re interested in reading more of Mr. Neiffer’s thoughts on accounting, farm taxes, and succession planning, visit: farmcpatoday.com
Paul Neiffer is our regular guest on “Market Day Report.” every Thursday – 10 AM ET | 9 AM CT | 8 AM MT | 7 AM PT.