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
This Final Rule adopts the changes introduced in the Interim Final Rule, consolidating seven agency-specific NEPA regulations into a single, department-wide framework, reducing the overall volume of regulations by 66 percent.
Teams create meals from pantry items while incorporating a surprise ingredient
Local groups distribute potatoes to support hundreds of families across the Idaho Panhandle to celebrate Volunteer Appreciation Month.
Healthcare leaders and advocates work to connect Georgia farmers with support resources to deal with increasing farm stress.
UNL’s Dr. Dirac Twidwell discusses wildfire recovery efforts in Nebraska and what producers should keep in mind in the days and weeks ahead.
Rich Nelson with Allendale joined us to break down early planting progress, market expectations, and what producers should keep an eye on as the season moves forward.
