K·Coe Insights: Posts from category

Strategic Advisory

It’s Time to Cut Your Taxes: Use Exemptions Now or Pay Later

By KCoe Editorial | September 29, 2021

Reading Time: 2 minutes “Someone’s sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffett Why Waiting to Plan for Your Estate is a Costly Gamble Let’s cut to the chase: It’s a gut punch to hand over your hard-earned money to the IRS in the …

A Look at the Modern Audit: Are You Missing Out?

By KCoe Editorial | February 23, 2021

Audit & Assurance, Biofuels, Community Banks, Construction and Real Estate, Distribution, Equipment Dealerships, Food And Beverage, Manufacturing, Specialty Transportation, Strategic Advisory, Tax & Accounting

Reading Time: 2 minutes While most companies think of audits as an annual necessity, the vast majority typically keep to the same old standards and don’t know to ask for more. But the modern audit process has changed, and businesses should raise their expectations accordingly. Today’s audit should extend beyond bringing in accountants to …

Estate Tax Planning: Possible Changes Ahead

By Jim Rein | February 16, 2021

AgKnowledge, Agriculture, Animal Ag, Biofuels, Commodity Crops, Community Banks, Construction and Real Estate, Distribution, Equipment Dealerships, Food And Beverage, Government & Public Affairs, Manufacturing, Next Gen, Permanent Specialty Crops, Specialty Transportation, Strategic Advisory, Tax & Accounting

Reading Time: 2 minutes No matter what the presidential outcome, there was never any question that the outlook for estate tax planning would be different in 2021. How much different was dependent upon who controlled the presidency and the Congress. With Democrats now in power on both of those fronts, the logical question now …

EIDL Program Updates: Replenished Funding and New Targeted Guidelines

By KCoe Editorial | January 4, 2021

COVID-19, Strategic Advisory, Tax & Accounting

Reading Time: 3 minutes While much attention has been given to the recently-signed “Consolidated Appropriations Act, 2021” that provides crucial COVID-19 relief and has created a second round of Paycheck Protection Program (PPP) loans for small businesses, a few overshadowed – but important – updates have been made to the Economic Injury Disaster Loan …

New Year Brings Potential for Funding Support for Biofuels

By Donna Funk | December 31, 2020

Biofuels, Government & Public Affairs, Strategic Advisory

Reading Time: 2 minutes As we look to a New Year and fresh perspective in the biofuels industry, we are closely monitoring news that Congress will specifically allow USDA to make payments to biofuel producers. While no specific language is provided on how the USDA will determine these payments, the recently signed stimulus package …

How Dairies Can Claim Renewable Energy Revenue in 2021

By KCoe Editorial | December 22, 2020

Animal Ag, Biofuels, Strategic Advisory, Sustainability, Tax & Accounting

Reading Time: 3 minutes While ethanol and biodiesel fuels are among the most common renewable energy sources accepted into the California Air Resources Board (CARB) program for Low Carbon Fuel Standard (LCFS) credits, dairy producers across the U.S. are taking notice of the benefits these credit opportunities pose for biomethane suppliers as well. California …

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

By KCoe Editorial | December 16, 2020

COVID-19, Strategic Advisory, Tax & Accounting

Reading Time: < 1 minute Following the December 14 preview of the work-in-progress, bipartisan Emergency COVID 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 …

Advocating for the Future of Family Farms: A Plea for Critical Regulation Change

By KCoe Editorial | October 29, 2020

AgKnowledge, Agriculture, Animal Ag, Commodity Crops, Farm Program Services, Food And Beverage, Government & Public Affairs, Permanent Specialty Crops, Strategic Advisory, Tax & Accounting

Reading Time: 2 minutes Working on behalf of American Food & Agriculture businesses, K·Coe Isom submitted an open letter to USDA Secretary Sonny Perdue on October 28, 2020 regarding new regulations that threaten the well-being of thousands of American family farms. The “Payment Limit and Payment Eligibility” regulation released on August 24, 2020 will …