Business  Rural Money

Rural Money: Navigating Recent Court Ruling on Self-Employment Tax for Limited Partners

Farm CPA Paul Neiffer joined us to break down the recent Fifth Circuit Court decision overturning a prior Tax Court decision on self-employment tax for limited partners, the ruling’s impact on farmers, and potential next steps in Congress.

January 23, 2026 02:00 PM • 
Marion Kirkpatrick, RFD NEWS STAFF

WASHINGTON, D.C. (RFD NEWS) — The Fifth Circuit Court has overturned a prior Tax Court decision regarding self-employment tax for limited partners, raising questions about how farmers may be affected by the ruling. Farm CPA Paul Neiffer joined us on Friday’s Market Day Report for insights.

In his interview with RFD NEWS, Neiffer provided details on the case and explained its implications. He also discussed how farmers should approach the ruling if they had assumed they were not required to pay self-employment tax and whether congressional action might follow.

Related Stories
PtkzH85r.jpg
Market Day Music
Rising country music artist Grace Leer stops by to discuss and perform her viral hit, “Best Friend For Life”
April 02, 2024 01:42 PM
Water flowing in farm field waterway after heavy rain and storms caused flooding. Concept of soil erosion, water runoff control and management_ JJ Gouin via Adobe Stock.png
Firm to Farm
Property Rights Edition: Irrigation Return Flows, PFAs, and the Quiet Title Act
In this Firm to Farm blog post, RFD-TV agri-legal expert Roger McEowen tackles a handful of topics related to property rights.
April 01, 2024 01:55 PM
 · 
Roger A. McEowen
gOogGUal.jpg
On The Record
On The Record Ep. 22 | Chris Lane Talks Own Record Label, Early Successes, and College Bar Tour
Airs Friday at 8:30 PM ET on RFD-TV and RFD-TV’s YouTube Channel
March 29, 2024 08:25 PM
 · 
Currey McCullough
jl4X1qB4.jpg
On The Record
On The Record | Chris Lane is bringing it back where it all started with his College Bar Tour
March 28, 2024 08:23 AM
 · 
Currey McCullough
sTyvFUj4.jpg
Market Day Music
Texas Troubadour Carson Jeffrey stops by to talk about his switch from rodeo to country music
March 27, 2024 12:07 PM
 · 
Currey McCullough
T88qFZue.jpg
On The Record
On The Record | Chris Lane started his own record label, Voyager Records
March 26, 2024 03:02 PM
 · 
Currey McCullough
MgLebXgN.jpg
On The Record
On The Record Ep. 21 | Jake Worthington Talks The Voice, Journey to Nashville, Big Loud Record Deal
Premieres Friday at 8:30 PM ET on RFD-TV and RFD-TV’s YouTube Channel
March 22, 2024 08:25 PM
 · 
Currey McCullough
dir3s8nn.jpg
On The Record
On The Record | Jake Worthington got the call from Big Loud Records at a pinnacle time
March 22, 2024 09:56 AM
 · 
Currey McCullough
Darci MDR.jpg
Market Day Music
America’s Got Talent winner Darci Lynne stops by to discuss and perform her debut single, “Push Our Luck”
March 21, 2024 02:37 PM
 · 
Currey McCullough
Load More

Business Planning Farm Accounting & Taxes Ag Education & Resources
Marion Kirkpatrick
Marion Kirkpatrick
Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

mUvcOGJa.jpg
Washington Policy
Missouri Director of Ag Reacts to Secretary Rollins’ Visit, USDA Plan to Help Farmers
Missouri Director of Agriculture Chris Chinn joined us Monday to share highlights from Secretary Brooke Rollins’ visit and her perspective on USDA’s new initiatives.
September 29, 2025 02:14 PM
 · 
RFD NEWS STAFF
WyY1BVrJ.jpg
Rural Money
The Big Beautiful Bill’s Impact on Estate Planning
RFD-TV Farm Legal and Taxation expert, Roger McEowen, with the Washburn School of Law, joined us Monday to break down the changes and explain what producers should know.
September 29, 2025 01:57 PM
 · 
RFD NEWS STAFF
firzfie2.jpg
Washington Policy
NDFU President Reacts to USDA’s America First Trade Promotion Program
North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
September 29, 2025 01:38 PM
 · 
RFD NEWS STAFF
A couple sitting at home talking, having a conversation. People discuss domestic issues, arguments, and working out problems.
Rural Money
Can Bitcoin Help Farm Families Overcome Land-Splitting Challenges?
Dividing up a family farming operation can be challenging, especially for children who may not want to become farmers themselves.
September 29, 2025 01:24 PM
 · 
RFD NEWS STAFF
D78l6bEA.jpg
Trade
Butterfat Surge Challenges Balance For U.S. Cheesemakers
A booming butterfat market is good for some dairy products but threatens efficiency and margins for cheesemakers unless protein levels catch up
September 29, 2025 12:53 PM
 · 
RFD NEWS STAFF
DeQlSpQa.jpg
Washington Policy
NCFC CEO: America First Trade Promotion Will Expand Market Opportunities for U.S. Ag
Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.
September 29, 2025 12:17 PM
 · 
RFD NEWS STAFF
Load More