PARKER, Colo. (RFD-TV) — A major change is coming to how farm program payments are distributed under Title I of the upcoming Farm Bill, with new rules impacting what types of business entities can receive multiple payments.
Farm CPA expert Paul Neiffer joined us on Thursday’s Market Day Report to explain the implications for producers and ag businesses.
In his interview with RFD-TV News, Neiffer discussed the recent adjustments that affect LLCs and S corporations, noting that these entities may now qualify for more than one payment under certain ownership and operational structures—something previously limited by program rules. However, he cautioned that the details matter, especially regarding how management and active participation are defined for each member.
He also explained how C corporations will be treated differently under the new framework and what that means for larger or more diversified family operations. Finally, Neiffer addressed whether general partnerships should consider converting to an LLC structure in light of these changes, emphasizing the importance of consulting with a qualified tax professional before making any moves.
Winter Weather And Markets Reshape Agriculture Nationwide This Week
February 02, 2026 12:04 PM
·
The biggest development of 2025 in agricultural law and taxation was the signing into law on July 4 of the Trump Administration’s landmark legislation, the “One Big Beautiful Bill” Act (OBBBA)
February 02, 2026 11:40 AM
·
House Agriculture Committee Chairman “GT” Thompson is pushing a “Farm Bill 2.0.”
February 02, 2026 10:56 AM
·
Falling livestock prices, combined with higher input costs, continue to squeeze farm profitability heading into 2026.
February 02, 2026 10:22 AM
·
A rapidly intensifying winter storm is expected to develop into a bomb cyclone this weekend, affecting the Southeast, southern Virginia, and potentially parts of the mid‑Atlantic and New England.
January 30, 2026 10:52 AM
Often overlooked, cotton wholesalers act as stabilizers during market stress, translating fragmented retail demand into workable production programs for mills and manufacturers.
January 30, 2026 08:00 AM
·
AFBF Economist Danny Munch shares a closer look at the dairy market and the forces impacting producers today.
January 29, 2026 02:52 PM
·
Farm CPA Paul Neiffer helps producers navigate farm program payments and understand the key details farmers need to know.
January 29, 2026 01:25 PM
·
Todd Janzen with Janzen Schroeder Ag Law explains the updated ag data use agreement model and what it means for farmers and companies alike.
January 29, 2026 01:25 PM
·
