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.
Greater transparency into USDA-backed lending can help rural lenders and producers better assess credit availability and investment trends.
January 28, 2026 07:00 AM
·
Roger McEowen, with the Washburn School of Law, offers an in-depth look at two of the top legal issues of 202. Today, he walks through last year’s Waters of the United States (WOTUS) ruling and “lawfare.”
January 27, 2026 02:53 PM
·
Brooks York with AgriSompo joined us with his outlook on crop insurance and risk management following the recent winter storm that tore through most of the United States, including the Midwest.
January 26, 2026 03:30 PM
·
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
·
Decoupled base acres may amplify income inequality and distort planting decisions as farm program payments increase.
January 22, 2026 12:56 PM
·
From meatpacking settlements to landmark NEPA rulings, Roger McEowen outlines the top legal developments in 2025 that will shape agriculture in the years ahead.
January 20, 2026 03:39 PM
·
