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Pinion Insights

Pinion Accounting & Advisory

Proposed Emergency Coronavirus Relief Act is Promising for Tax Deductibility for PPP Business Expenses

By K·Coe Editorial | December 16, 2020
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Reading Time: < 1 minute
Following the December 14 preview of the work-in-progress, bipartisan Emergency Coronavirus Relief Act of 2020, K·Coe Isom experts have reviewed the bill’s proposed $748 billion emergency assistance benefits intended for American Workers and Small Businesses. “In short, we’re very optimistic about the section regarding business expenses that were paid for …

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lcfs verification

Three CARB-Accredited Firms Team Up to Provide a Streamlined LCFS Verification Process for Ethanol, Biodiesel & Dairy Businesses

By K·Coe Editorial | December 15, 2020
Reading Time: 2 minutes
Pinion, alongside ERI Solutions and Ruby Canyon Environmental, are excited to announce a unique offering to assist businesses in meeting the California Air Resources Board (CARB) LCFS verification and reporting standards due in 2021. Through this strategic collaboration, businesses that produce ethanol, biodiesel, and dairy biomethane (among others), within or …

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regional industries

Forms 1099-A and 1099-C: Which Form to File for Loan Transactions

By Sandy Sporleder | December 4, 2020
Reading Time: 3 minutes
As we’re looking at year-end reporting requirements, it’s important not to forget about 1099-A, Acquisition or Abandonment of Secured Property, and form 1099-C, Cancellation of Debt.    We have guidance that tells us forgiveness of Paycheck Protection Program (PPP) loans do not require either of these filings, but what about other …

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Eligible for ERTC

Notice of January 2021 Regulatory Capital Rule Change: Eligible Retained Income

By Sandy Sporleder | December 2, 2020
Reading Time: < 1 minute
One of the many regulatory rule changes that was enacted in 2020 deals with the calculation of eligible retained income (i.e. the calculation performed to determine the maximum limit of eligible distributions). The new rule is effective for banks beginning on January 1, 2021. This final rule applies to all …

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Has your Bank Created a Pandemic Timeline to Ascertain and Manage Risks?

Has your Bank Created a Pandemic Timeline to Ascertain and Manage Risks?

By Sandy Sporleder | November 30, 2020
Reading Time: 2 minutes
By Kerry Hatzenbuehler & Melissa DeDonder Although the Fall 2020 OCC Semiannual Risk Perspective has been published, the Spring 2020 issue relayed important information for banks to consider related to this crazy year.  Many of you have documented and are continuing to document how the bank responded to the pandemic.  …

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K·Coe Isom provides farm program services to guide you in maximizing USDA Farm Service Agency programs

Good News for Many Farmers: USDA Amends Erred Regulation

By Brian Kuehl | November 18, 2020
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Reading Time: 2 minutes
Loveland, CO – November 18, 2020 – KCoe Isom, a national leader in food and agricultural consulting and accounting services, applauded the decision today by the U.S. Department of Agriculture to amend its recent “Payment Limitations and Payment Eligibility” regulation.  The action will immediately correct an error in the regulation …

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Sustainability

KCoe Advisors Earn Credential to Help Food & Ag Businesses Improve Sustainability Performance and Reporting

By K·Coe Editorial | November 2, 2020
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Reading Time: 2 minutes
KCoe Isom is excited to announce that sustainability advisor Lisa Becker has completed the training and testing required to become credentialed as a The Sustainability Consortium (TSC) Trained Service Provider for THESIS, a credential to improve businesses sustainability performance. “Many of our clients are being asked to do more to …

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Why Today is a Good Day to Jumpstart Your Succession Plan

Why Today is a Good Day to Jumpstart Your Succession Plan

By Kala Jenkins | October 30, 2020
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Reading Time: 5 minutes
Agricultural businesses have withstood their fair share of COVID disruption – from family life to the workplace.  While this has forced financial strain, labor disruptions, and tough decisions on producers, it has also ripened some opportunities where you might not expect them, including a Succession Plan. In times like these, …

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