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

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

News

Ag law expert breaks down how producers can best protect their bottom line

January 16, 2025 01:09 PM

Washington Policy

Sen. Grassley presses EPA head nominee Lee Zeldin on ethanol; Urges Trump to rethink tariff strategy

January 16, 2025 10:13 AM

RFD NEWS STAFF

On The Record

On the Record: Josh Turner tips his hat to his musical influences

January 15, 2025 04:41 PM

Currey McCullough

Explore 4-H

Let’s meet a 4-H leader who says, “If no one else wants to do it, I will.”

January 15, 2025 04:30 PM

RFD NEWS STAFF

Livestock

Environmental Targets: Beef producers can take a stand in the fight toward sustainability

January 15, 2025 12:23 PM

RFD NEWS STAFF

USDA

USDA’s Higher Blend Infrastructure Incentive Program aims to fuel biofuel growth

January 15, 2025 12:09 PM

Food & Drink

FDA looks to provide “at a glance” information with new packaged food labels

January 15, 2025 11:44 AM

Livestock

Producer insight taken into account for USDA’s new poultry tournament system rule

January 15, 2025 11:28 AM

USDA

American Relief Act provided USDA with $31 billion to deliver ad hoc financial aid

January 15, 2025 11:02 AM

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:

Washington Policy

Sec. Brooke Rollins: Farmer aid will be held up until the shutdown ends

October 09, 2025 02:53 PM

RFD NEWS STAFF

Market Day Report

Grain Analysts Brace for Storage and Transportation Capacity Issues Ahead of Record Harvests

CoBank Lead Grains Economist Tanner Ehmke joins us to share insight and concerns over current grain storage capacity as export demand lags.

October 09, 2025 01:36 PM

RFD NEWS STAFF

Rural Money

Rural Money: Business Planning for Farmers in Uncertain Times

Farm CPA Paul Neiffer shares his perspective on the uncertain outlook of federal farm relief and the Farm Bill, which may not materialize until the government shutdown ends.

October 09, 2025 01:29 PM

RFD NEWS STAFF

Livestock

Are Cattle Producers Ready if New World Screwworm Crosses the Border?

Large animal veterinarian Dr. Rosalyn Biggs with Oklahoma State University warns producers may not be prepared for the real threat of New World Screwworm.

October 09, 2025 01:10 PM

RFD NEWS STAFF

FFA Convention 2025

Countdown to Convention: Sharing the Power of Agriculture and Community with FFA’s Youngest Members

We spotlight a student from Illinois who is helping to launch a middle school chapter and teaching younger students about the impact of agriculture in their communities.

October 09, 2025 12:48 PM

RFD NEWS STAFF

FarmHER + RanchHER

Dig in with Ag’s Most Okayest Farm Girls on the next episode of Dirt Diaries

FarmHER Annaliese Wegner joined us to dish about her episode of Dirt Diaries, talk about her own podcast, and other exciting moments ahead for Ag’s Most Okayest Farm Girls.

October 09, 2025 12:25 PM

RFD NEWS STAFF

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.