
Paul Neiffer & Davis Michaelsen Talk OBBBA Update
Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.
USDA is changing how farm entity structures affect payment eligibility, and the difference between one limit and several can come down to ownership percentages and paperwork. We walk through what qualifies as a pass-through entity, what “actively engaged” really means now, and what you must file before the 2026 deadline.
• how LLCs, S Corps, and partnerships qualify as pass-through entities for payment limits
• Why the old system pushed farms into…
The skinny
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