K·Coe Insights: Posts authored by

K·Coe Editorial

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Is Your Branch Cash Secure?

By K·Coe Editorial | November 29, 2019

Reading Time: 2 minutes By: Heather Campbell, CIA Recently there has been a lot of commentary on bank security related to cyber threats, but attention should also be given to the daily threats to cash posed during a robbery or by bank employees.  Bank security goes beyond just cyber threats, and it is wise …

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Flood Violations Surge for Banks: Continued Lack of Compliance to Blame

By K·Coe Editorial | November 24, 2019

Reading Time: 2 minutes With thousands of dollars at stake per violation, banks need to be sure they have processes in place to insure flood compliance.  This continues to be a hot topic with the examiners and we continue to find violations as we perform testing for community banks.  With the National Flood Insurance …

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Don’t Pause on the Newly Announced Lease Standard Delay

By K·Coe Editorial | November 15, 2019

Reading Time: 1 minute While it was good news for private companies following FASB’s recent announcement to delay the effective date to December 15, 2020 for standards on accounting for leases, businesses are being advised to keep working in high gear. “The delay is intended to allow preparers with limited resources to learn from …

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MFP Payment Alert: Farmers Urged to Claim Money before Deadline

By K·Coe Editorial | November 5, 2019

Reading Time: 1 minute With the deadline only a month away, all eligible producers are being advised to apply for their FSA Market Facilitation Program (MFP) payments immediately.  It’s important to note that as of now there has been no extension announced for the deadline of applying for MFP. If applications are not submitted …

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K·Coe Isom welcomes Ag Progress, a family farming and agricultural consultancy

By K·Coe Editorial | November 1, 2019

Reading Time: 2 minutes In a time when agricultural production is faced with difficult and uncontrollable issues, farmers must deal with a wide range of uncertainties, leaving them feeling isolated and helpless. “This creates a huge roadblock for farmers, and especially farm families, who have little to no margin for error,” says K·Coe Isom …

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2019 Tax Filing Alert: Reporting Rules for Partnership Interests set to Change

By K·Coe Editorial | October 30, 2019

Reading Time: 1 minute Schedule K-1, the Internal Revenue Service (IRS) tax form issued annually for investment in partnership interests, is awaiting finalization of changes that could impact 2019 tax reporting.  Schedule K-1 is used to report each partner’s share of the partnership’s earnings, losses, deductions, and credits.  Under the current expectation that the …

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