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
Breakout country music star Austin Williams joined us at RFD-TV Studios to talk about his upbringing, how he started playing music after a back surgery, and his current and upcoming projects.
In honor of Veterans Day this weekend, we wanted to take a moment to highlight an incredible program connecting our great nation’s heroes with agriculture!
Agriculture Accounting Expert Paul Neiffer joined us Friday on Market Day Report to take a further look.
Experts: Dairy industry outlook could be improving based on strong butter demand, herd number trends
Falling feed costs and strong demand for butter could be good news for dairy farmers looking to get their finances back on track.