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

Pinion Insights

Meal and Entertainment Deductions

Business Tax Update: Many Meal and Entertainment Deductions Have Increased

By Sandy Sporleder | January 10, 2021
, , , , , , , ,
Reading Time: 2 minutes
In an effort to provide additional stimulus funding, The Consolidated Appropriations Act was signed by the President on December 27, 2020.  Included in the guidance were changes to deductions for business meals in tax years 2021 and 2022. New Provisions include Higher Temporary Meal Deductions In an effort to stimulate …

Read moreBusiness Tax Update: Many Meal and Entertainment Deductions Have Increased

Paycheck Protection Program

SBA Issues New PPP2 Guidance for Businesses

By Beth Swanson | January 7, 2021
,
Reading Time: 2 minutes
Good news for businesses as guidance from the U.S. Small Business Administration (SBA) and Treasury has been issued regarding the second round of Paycheck Protection Program (PPP) funding. “It was expected that there would be changes and corrections in interpretation and meaning following the COVID-19 relief bill, and numerous SBA …

Read moreSBA Issues New PPP2 Guidance for Businesses

Pinion Insights

EIDL Program Updates: Replenished Funding and New Targeted Guidelines

By K·Coe Editorial | January 4, 2021
, ,
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 …

Read moreEIDL Program Updates: Replenished Funding and New Targeted Guidelines

New Year Brings Potential for Funding Support for Biofuels

New Year Brings Potential for Funding Support for Biofuels

By Donna Funk | December 31, 2020
, ,
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 …

Read moreNew Year Brings Potential for Funding Support for Biofuels

New Stimulus Package Includes Funding for Farmers and Ranchers

New Stimulus Package Includes Funding for Farmers and Ranchers

By Kala Jenkins | December 30, 2020
, ,
Reading Time: 2 minutes
We welcome the New Year with a new stimulus package that includes direct support for agriculture. President Trump signed the latest coronavirus relief bill on December 27, 2020, in which lawmakers combined stimulus legislation with funding USDA payments to both crop and livestock producers. The bill provides $13 billion for …

Read moreNew Stimulus Package Includes Funding for Farmers and Ranchers

Renewable Energy Revenue

How Dairies Can Claim Renewable Energy Revenue in 2021

By K·Coe Editorial | December 22, 2020
, , , ,
Reading Time: 2 minutes
While ethanol and biodiesel fuels are among the most common renewable energy revenue 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. …

Read moreHow Dairies Can Claim Renewable Energy Revenue in 2021

Pinion Accounting & Advisory

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

By K·Coe Editorial | December 16, 2020
, ,
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 …

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

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 …

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