California Businesses Get Answers on PPP Deductibility: Summary of Assembly Bill 80

California Businesses Get Answers on PPP Deductibility: Summary of Assembly Bill 80

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The debate on deductibility of qualifying expenses paid with funds provided under the CARES Act or Consolidated Appropriations Act (CAA) has finally concluded for California businesses as Governor Newsom officially signed Assembly Bill No. 80 (AB 80) into law on April 29, 2021. What AB 80 means for California businesses  …

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Summary of Proposed American Families Plan

Summary of Proposed American Families Plan

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President Biden will unveil the details of the American Families Plan during his first address to Congress tonight (April 28, 2021). The proposal is a $1.8 trillion investment in education, childcare, and family leave. To finance the American Families Plan, the Biden Administration proposes raising various taxes on wealthy Americans. …

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Transportation and Shipping Issues Brought to Light for U.S. Ag Producers

Transportation and Shipping Issues Brought to Light for U.S. Ag Producers

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Earlier this week, the United States Department of Agriculture (USDA) held a meeting with representatives of U.S. agricultural products (livestock, grains, specialty crop, and dairy industries) and leadership from the United States Department of Transportation (DoT) to discuss concerns over transportation and shipping issues. According to the Secretary of Agriculture …

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New Guidance for Leasing Standard Implementation

Accounting Standard Update: Delayed Effective Date and Its Effects on Leases

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ASU 2016-02, Leases Update: FASB officially delayed the leasing standard effective date for non-public entities to December 15, 2021 (i.e., January 1, 2022). This standard may not only affect a bank’s balance sheet, but also the balance sheet of their customers. Overview of the ASU Lease Update Effects Effects on …

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Nashville Tennessee Pinion

Major Southeast Expansion Ahead for KCoe Isom  

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K·Coe Isom is expanding deeper into the Southeast with its announcement of a new office location in Nashville, Tennessee. The move makes room for further growth and answers the pressing resource needs of Tennessee and the greater southeast region’s food and agriculture businesses. A national leader in food and agriculture …

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Accounting Standard Update: Delayed Effective Date and Its Effects on Leases

Partner Announcement – KCoe Isom

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K·Coe Isom announced the appointment of three individuals as a new partner: Jeanne Bernick, Brent Bright, and Michelle Ellis; and seven firm leaders as principals: Roxie Azparren, Lisa Baalman, Thomas Eatherly, Ryan Herrman, Maxson Irsik, Scott Miller, and Karli Olsen. “In a tumultuous year, these bright leaders have demonstrated an …

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