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 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:

  • Don’t Trade-in Equipment – Sell it Instead

    As a tax advisor, I would normally tell my farm clients to always do a like-kind exchange on their farm equipment.  This would normally result in trading-in an older piece of equipment for a newer one of higher value to defer the tax on the old farm equipment. However, for 2009, there are many cases […]


  • Corn Coming out of our “Ears”

    Many are calling the USDA Planted Acreage Report that came out this week “Bloody Tuesday” since the amount of corn acreage planted this year was much higher than what the trade was expecting.  Even though there was a large amount of rain early in the Eastern Corn Belt, three of the Western Corn Belt states, […]


  • Defer Your Land Sale into 2010 Today

    My partner Scot and I have a 1031 exchange company that handles many tax-deferred exchanges each year.  About this time of year I like to remind our clients that they may be able to sell their land or real estate for cash, yet defer paying the tax on the sale until 2011. Here is how […]


  • Joint Ownership of Machinery

    With the ever increasing cost of new and used farm machinery, it may pay for farmers to enter into joint ownership of certain farm machinery.  Probably the best type of machinery to have in joint ownership would be combines, sprayers and drills.  This type of equipment is usually only used at certain times of the […]


  • Senate Report Finds Excessive Speculation in Wheat Markets

    A Senate Subcommitee spent the past year investigating the impact of index funds on the wheat market.  They concluded that all of this new money flooding into index funds distorted the market.  The 247 page report released on June 24, 2009 summarized their findings as follows: 1.  Excessive speculation in wheat. Index Traders increased future prices […]


  • Be Careful of Organic Demand

    For several years, farmers who grew organic crops were able to generate higher returns than non-organic farmers.  However, with the current recession, those days may be coming to an end. Organic farmers are required to meet tough standards to have their crops and food products branded as organic.  Generally, they are not able to use […]


  • Farmland as an Investment

    Fortune magazine just had a interesting article on farmland being a great investment, both in today’s environment over the last 5o years.  Part of the article was about investing in US farmland and part was about investing in farmland internationally. I think the themes in the article hold true.  We will always need to eat and […]


  • The Road From Good To Great

        As a CPA, I review a lot of financial statements.  As part of this review, I try to determine the ratios that separate the business from other businesses in the same industry.  Sometimes these ratios are positive and sometimes they are negative.  For comparing ratios for farmers, a great site is the Farm […]


  • Your Time is Worth Something

    As a CPA, I get asked many times by small business owners what their business is worth.  As part of calculating that value we usually work up what the net bottom line earnings of the business is.  To detemine that, we take the profit and loss of the company and make certain adjustments.  Normally, we […]


  • For New Farmers (or Old Ones)

    The people behind Successful Farming have developed a network for new farmers called Farmers for the Future.  They have had at least one conference and Loren Kruse, Editor-in-Chief of Successful Farming recapped the key ideas from the last conference. This recap had many good ideas for new farmers, but I think almost all of the […]


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