Reading Time: 2 minutes As Paycheck Protection Program (PPP) applications are slated to start on April 3, K·Coe Isom advisors have been getting many questions and requests for guidance. We’d like to clear the air, and provide some important considerations – for the benefit of businesses. Important Loan Forgiveness Update Clarification was released this …
Read morePaycheck Protection Program (PPP): Considerations When Applying
Reading Time: 6 minutes Since its passage on March 27, the Coronavirus Aid, Relief, and Economic Security (CARES) Act continues to be aggressively dissected, digested, and questioned by lawyers, accountants, HR and payroll administrators alike – with the intent to help businesses secure funding to endure the economic downturn caused by the COVID-19 pandemic. …
Read moreCARES Act FAQs: Helpful Loan Guidance for Businesses
Reading Time: 2 minutes Tax experts are dusting off a little-used tax law (enacted in 2002 following September 11th attacks) that is coming in handy for businesses dealing with COVID-19 today. Section 139 allows employers to make “qualified disaster relief payments” to employees to assist in managing their expenses during the COVID-19 pandemic. The …
Read moreCOVID-19 Disaster Plan Relief: Tax Opportunities for Employers and Employees
Reading Time: < 1 minute The IRS has agreed to last-minute relief for farmers by extending their filing due date to April 15, 2019 – and withdrawing the underpayment penalty for those not making the Jan 15 tax estimate. This waiver of penalties for underpayment of taxes by farmers stems from tax provision uncertainties. “This …
Read moreIRS Waives Estimated Tax Payment for Farmers Filing and Paying Tax by April 15
Reading Time: 3 minutes It’s inevitable. One day, you will step down from running your business. The timing and transition for when and to whom you relinquish control are often among the hardest decisions that a business owner will make. That’s precisely why more than 70% of business owners fail to put a strategic, …
Reading Time: 5 minutes Ways to Create Advantages – Increase Production, Maximize Revenue, and Diversify Revenue Streams – in Times of Tight Ethanol Margins The one constant in the ethanol industry is that there will be fluctuations in the price of ethanol and grains and this will cause tight margins from time to time. …
Read moreAvoid the Anxiety of Tight Ethanol Margins in 3 Steps
Reading Time: 4 minutes As a business owner or high-level manager, you have the enormous power to effect change in behavior patterns – for both the individuals and groups within your company. How you’re doing that however, could be a benefit or a detriment to your business. Without realizing it, your daily influence sets …
Reading Time: 2 minutes The U.S. Department of Agriculture (USDA) has established the procedures required to provide direct payments to growers to help offset some damage imposed by retaliatory tariffs. As a result of the lapse in federal funding due to the recent government shutdown, the Farm Service Agency (FSA) has extended deadlines for …