Providing expert business insights, regulation updates, and savvy financial solutions.

K·Coe Insights

SBA Paycheck Protection Program Application Deadline Extended

By K·Coe Editorial | July 6, 2020
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Reading Time: < 1 minute As the original June 30 deadline passed for small businesses to apply for the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), the Senate and House worked quickly to unanimously pass an extension proposal.  This past Saturday, President Trump signed the extension allowing businesses to apply for assistance through August …

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KCoe Isom Deepens Food & Ag Advisory with Expanded Offerings and New Global Footprint

By K·Coe Editorial | July 1, 2020
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Reading Time: 3 minutes July 1, 2020 – K·Coe Isom, the nation’s leading accounting and consulting firm for food and ag businesses, announced today the founding of an agriculture-focused advisory team,  Pinion Advisory, to serve agriculture businesses throughout the U.S. and Australia. The Pinion advisory model, Pinion FIRST, will focus on five critical business …

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Giving Back: IRS Eases Ability to Set Up Employer Leave Donation Programs for COVID-19 Victims

By K·Coe Editorial | June 25, 2020
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Reading Time: < 1 minute In response to the need to provide relief to victims of the COVID-19 pandemic, many employers are considering leave-based donation programs. Under these programs, employees may elect to forgo vacation, sick, or personal leave in exchange for employer contributions to charitable organizations. The icing on the cake?  The IRS has …

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What You Need to Know Now and Later: Paycheck Protection Program Flexibility Act

By K·Coe Editorial | June 17, 2020
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Reading Time: 3 minutes For many businesses, it seems as though every time they blink there’s another Paycheck Protection Program (PPP) update to digest.  It’s a reality that accompanies the quick development and release of the Small Business Administration’s (SBA) program for economic relief due to COVID-19.  The need for updates soon becomes apparent …

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Main street and Elm in Rogers, Arkansas

Missouri Bankers Association Annual Convention Key Takeaways

By K·Coe Editorial | June 17, 2020

Reading Time: 3 minutes The Missouri Bankers Association (MBA) held their 130th Annual Convention virtually this year; it was done well. We’ve attended this conference a number of times in the past to meet current and prospective clients, and to hear good speakers/industry experts talk about what’s going on in the industry. As the …

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Guide to Community Bank Leverage Ratio: Should I or Shouldn’t I?

By K·Coe Editorial | June 12, 2020

Reading Time: 2 minutes Starting January 1, 2020, banks could elect to begin using the Community Bank Leverage Ratio (CBLR) or framework. Designed to simplify calculations for capital ratios on quarterly call reports, the CBLR ratio essentially uses total average assets, rather than the complicated calculation of risk-based total assets. A bank may opt-in …

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Food, Beverage and Manufacturing Companies Face New Risks Due to COVID-19 Contagion

By K·Coe Editorial | June 9, 2020
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Reading Time: 2 minutes The effects of the Coronavirus pandemic are far from over.  Though most businesses are in the midst of a gradual return to the workplace, they continue to face risks from further outbreaks. Supply chain partners, investors, and other stakeholders are watching carefully to ensure that when businesses do reopen, they …

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More PPP Forgiveness and Loan Review Procedures Released: Top Takeaways

By K·Coe Editorial | May 26, 2020
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Reading Time: 3 minutes The latest Interim Final Rule (IFR) on Paycheck Protection Program (PPP) Loan Forgiveness issued by the Small Business Administration (SBA) was released just before the holiday weekend.  Here, K·Coe advisors break down the high-level takeaways that offer some important clarifications for borrowers and lenders. Clarifications and Additions for Loan Forgiveness …

Read moreMore PPP Forgiveness and Loan Review Procedures Released: Top Takeaways