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Advisors Urge Tax Planning for New Business Income Concerns

By K·Coe Editorial | September 24, 2021
Reading Time: 2 minutes While some of the highly debated tax legislation changes have been omitted from the proposed tax language, there are still a few potential pitfalls and opportunities that need attention right now. KCoe Isom’s tax advisors have assessed the potential tax implications and are recommending that businesses alter year-end strategies to …

Read moreAdvisors Urge Tax Planning for New Business Income Concerns

How the Newly Proposed Tax Package Impacts Ag: Actions Needed

By Beth Swanson | September 14, 2021
Reading Time: 2 minutes Yesterday’s proposed tax package by the Democrats in the U.S. House of Representatives was applauded by the agriculture industry as it eliminated the possibility of changes to the step-up in basis.  “We were pleased to see the capital gains tax at death was omitted from this proposed tax language.  It …

Read moreHow the Newly Proposed Tax Package Impacts Ag: Actions Needed

Single Platform, Powerful Data Solution for Farmers Emerges from Semios’ Acquisition of Agworld

By K·Coe Editorial | August 30, 2021
Reading Time: 2 minutes August 30, 2021 – KCoe Isom and Pinion Advisory are excited to announce that data farm management partner, Agworld, has been acquired by the leading precision farming platform for crop growers, Semios. The recent acquisition marks the formation of one of the largest independent AgTech solutions providers in the world, …

Read moreSingle Platform, Powerful Data Solution for Farmers Emerges from Semios’ Acquisition of Agworld

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Speak to an Expert

Getting Personal with Business Strategy

We don’t make any major business decisions without talking to KCoe Isom. They are a partner who has taken a vested interest in our success. I appreciate that they can strategically organize our business so that growth isn’t a challenge. Being nimble and taking advantage of the right opportunities without restructuring our entire business model is key. The relationship we have with KCoe gives us the sounding board and financial stability we need to be ambitious, while providing valuable insight for what has or hasn’t worked for other organizations.

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Turning the Tide Back in Your Favor

We would not be farming today if not for KCoe Isom’s efforts.

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Managing a Well-Established Business

We want to be able to measure where we’re at financially so we can manage our risk. People grow corn and say their breakeven is $3.00. But they don’t figure the farm utility bills. They don’t figure equipment cost per acre and per bushel. That’s what we want to know. KCoe Isom brings the right team together so we get a global picture, not just of the farm, but also of the feed yard and livestock feeding. This is the financial know-how that helps us take our business to the next phase.

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Staying Productive, Profitable, and Independent

As owners, we have made strategic moves to grow the business. Each time we do, we call our business advisors and KCoe Isom is definitely one of them. They always come up with creative legally sound ideas for keeping money in the business. And that’s what lets us stay locally-owned.

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Establishing a Farm Legacy

Our farm operation is complex with a lot of moving parts. So whether it’s tax planning or estate planning, one thing will undoubtedly impact another. The people at K·Coe Isom are true professionals that know financials in the context of ag operations. They did a great job explaining the tax consequences and options. They made it understandable so we could get group consensus.

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Making a Difference in Your World

Sometimes you have to go out on a limb. That’s the only way you’re going to make a difference, in your business, in your community and in the world. By looking at sustainability from a multi-dimensional perspective, we’ve shown that growers can mitigate their risk and use their progress for a competitive advantage.

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Learning to discern facts vs. myths makes succession planning easier. Read more in this recent AgriNews article: okt.to/eKFcVx pic.twitter.com/dyOf2mIM64

About 2 hours ago from KCoe Isom's Twitter