Recognition & Awards

Qualified Pass-Through Entities: New Flexibility for Farm Business Structures

Business Minute | 08.19.26

For many years, farming operations faced a difficult choice when determining how to structure their business. General partnerships often provided a financial advantage because they received favorable treatment under United States Department of Agriculture (“USDA”) payment limitation rules. Corporations and other business entities, however, offered valuable liability protection and management benefits but were often disadvantaged by those same USDA payment limitations. Beginning in 2026, that tradeoff is largely disappearing.

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