More about Paul Neiffer

  • Paul Neiffer
  • Principal
  • CliftonLarsonAllen
  • Yakima, Washington
  • 509-823-2920

Paul Neiffer is a certified public accountant and business advisor specializing in income taxation, accounting services, and succession planning for farmers and agribusiness processors. Paul is a principal with CliftonLarsonAllen in Yakima, Washington, as well as a regular speaker at national conferences and contributor at agweb.com. Raised on a farm in central Washington, he has been immersed in the ag industry his entire life, including the last 30 years professionally. In fact, Paul drives a combine each summer for his cousins and that is what he considers a vacation.


Articles by Paul Neiffer:

  • Send in a Paper Tax Return to Get Homebuyer Credit

    As a tax preparer, I  normally file all of my client tax returns electronically.  However, for this tax season, for all of my clients that are claiming the homeowner credit, we will need to send in a paper return to the IRS.  Many farmers may qualify, either for the first time credit of $8,000 or […]

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  • January 15 vs. March 1

    Most of the farmers that I deal with from an income tax filing standpoint try to file and pay their income taxes by March 1 of each year.  This is primarily due to no estimated taxes needing to be paid during the tax year if the farmer files and pays by March 1.  If they […]

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  • Top-Third vs. Bottom-Third

    The Kansas State University Department of Agricultural Economics periodically produces a recap of the high 1/3, mid 1/3 and low 1/3 of various farms in their state.  They just released the latest analysis for corn, sorghum, wheat, soybeans and alfalfa for the three years 2006-2008.  The total number of crop farms reporting for all three […]

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  • Does Your Banker Understand Hedging

    For a farmer to be successful in using a hedging strategy, they must have an agricultural lender that understands and promotes hedging.  Many lenders are willing to finance margin accounts for bonafide hedgers since they understand that the farmer is reducing their exposure to pricing risk.  Some will also lend a larger percentage of the […]

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  • Hedging vs. Forward Cash Contracting

     Most ag grain producers are able to lock in prices by using either a hedge or a forward contract.  Forward cash contracting involves a commitment to deliver grain to a grain buyer at a future time.  Both alternatives can be used to: price before and after harvest; establish a return for storage of grain; and […]

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  • End of Year Reflections

     The idea for this blog was a glimmer in my mind at the end of 2008.  While surfing on the web, I found the Golden Practices web-site that listed different industry specific blogs.  This spurred me to action and with their help, we had a fully up and running blog site in the first quarter […]

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  • Is Condo Storage for You

     Most farmers are of an independent nature, however, in one area they may want to consider partnering up on is grain storage.  The decision to build on-farm grain storage can be very complex.  Farms that are mid-size or smaller usually find it cheaper to continue to bring their grain to an elevator versus storing it on […]

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  • CRI Trumps APH

    Crop insurance has been available to farmers for many years.  Until recent years most of this insurance was based upon Actual Production History (APH).  Insurance products based upon Crop Revenue Insurance (CRI) have been introduced to enhance and/or replace APH. Marcia Taylor of DTN/Progressive farmer had a good blog on how one farmer in Ohio […]

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  • Good Farmland in Iowa Down 7% Year-over-Year

    The most recent AgLetter from the Federal Reserve Bank of Chicago indicated that good farm land in Iowa decreased about 7 percent from the third quarter of 2008.  The average decrease for the five state region was 4%.  The good news that the price of good farm land increased by 2% over the second quarter […]

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  • Milk @ $15 – Are You Taking Advantage of it!

      Chuck Schwartau of the University of Minnesota Extension Service has a great post of how the trend in milk prices has changed over the last several months.  It is no secret that dairy farmers having been hurting for close to a year now and a common statement was “If milk was at $15,00 per […]

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