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

Pinion Insights

CARES Act: Unemployment Assistance Program Benefits Overview

New: Main Street Lending Program Available for Businesses up to 10,000 employees

By K·Coe Editorial | April 10, 2020
, ,
Reading Time: 2 minutes
April 17, 2020 Main Street Lending Program Update:  The Federal Reserve has released a report following the open period for public comments.  The report confirms that the Main Street Lending program is available for employers with up to 10,000 employees, including those with less than 500 employees (even if they …

Read moreNew: Main Street Lending Program Available for Businesses up to 10,000 employees

Employee Retention Tax Credit ERTC

CARES Act: Employee Retention Tax Credit is Available

By K·Coe Editorial | April 9, 2020
, , , , ,
Reading Time: 2 minutes
With all of the coverage and focus on the Paycheck Protection Program (PPP) loans, many businesses are unaware of the Employee Retention Tax Credit (ERTC) that is available under the CARES Act.  The ERTC was set up to help businesses retain employees.  There is a small catch, however:  a business …

Read moreCARES Act: Employee Retention Tax Credit is Available

CARES Act Update

CARES Act Update: IRS Allows Amendments for Eligible Partnerships

By K·Coe Editorial | April 8, 2020
,
Reading Time: 2 minutes
On April 8, 2020, the IRS issued welcomed guidance regarding the CARES Act Update in Revenue Procedure 2020-23, allowing “eligible partnerships” to file amended returns for taxable years beginning in 2018 and 2019.  Without this guidance, eligible partnerships must utilize the Administrative Adjustment Requests (AARs) procedures.  Generally, utilizing the AAR …

Read moreCARES Act Update: IRS Allows Amendments for Eligible Partnerships

5 Ways to De-Stress about Cash Flow

PPP Loans Update: Most Ag Businesses Can Apply

By K·Coe Editorial | April 6, 2020
, , ,
Reading Time: 2 minutes
As part of the CARES Act stimulus package, Congress established the Paycheck Protection Program (PPP) to provide forgivable loans to small businesses, non-profits, sole proprietors and self-employed individuals. Congress added this program onto the existing Small Business Administration 7(a) loan program. This created some measure of confusion for agricultural businesses …

Read morePPP Loans Update: Most Ag Businesses Can Apply

Loan Origination Fees

Paycheck Protection Program (PPP): Considerations When Applying

By Pinion Editorial | April 2, 2020
, ,
Reading Time: 2 minutes
As Paycheck Protection Program (PPP) applications are slated to start on April 3, K·Coe Isom advisors have been getting many questions and requests for guidance.  We’d like to clear the air, and provide some important considerations – for the benefit of businesses. Important Loan Forgiveness Update Clarification was released this …

Read morePaycheck Protection Program (PPP): Considerations When Applying

CARES Act FAQs: Helpful Loan Guidance for Businesses

CARES Act FAQs: Helpful Loan Guidance for Businesses

By Pinion Editorial | April 1, 2020
, , ,
Reading Time: 6 minutes
Since its passage on March 27, the Coronavirus Aid, Relief, and Economic Security (CARES) Act continues to be aggressively dissected, digested, and questioned by lawyers, accountants, HR and payroll administrators alike – with the intent to help businesses secure funding to endure the economic downturn caused by the COVID-19 pandemic. …

Read moreCARES Act FAQs: Helpful Loan Guidance for Businesses

CARES Act: 4 New Provisions for Employer Benefit Plans

CARES Act: 4 New Provisions for Employer Benefit Plans

By K·Coe Editorial | March 31, 2020
, ,
Reading Time: < 1 minute
In an effort to further help individuals and employers, the CARES Act has enacted provisions that create temporary relief through employer benefit plans changes for 2020. Employer Benefit Plans Provisions for 2020 will: Defer employer contribution minimums Defers 2020 minimum required contributions (including quarterly contributions) for single-employer plans to January …

Read moreCARES Act: 4 New Provisions for Employer Benefit Plans

CARES Act: Unemployment Assistance Program Benefits Overview

CARES Act: Unemployment Assistance Program Benefits Overview

By K·Coe Editorial | March 31, 2020
,
Reading Time: 3 minutes
The focus of this summary is to provide an overview of the unemployment assistance protections offered in the legislation from January 27th, 2020 through December 31st, 2020 as indicated within the CARES Act. Pandemic Unemployment Assistance Program Under the Relief for Workers Affected by Coronavirus Act (Subtitle A of Title …

Read moreCARES Act: Unemployment Assistance Program Benefits Overview

Categories