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California’s Employee Classifications to Undergo Reevaluation with Approval of AB 5

California’s Employee Classifications to Undergo Reevaluation with Approval of AB 5

By K·Coe Editorial | June 4, 2019
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Reading Time: 2 minutes
With the approval of California’s Assembly Bill 5 – which classifies the recent Dynamex court decision to use stricter ABC testing for determining independent contractor status – many businesses could face consequences regarding employee classification under the new rules should it next pass in the state Senate. What is Assembly …

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Producers Yielding Power from Big Data

Producers Yielding Power from Big Data

By K·Coe Editorial | May 21, 2019
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Reading Time: < 1 minute
If you’re still using Excel and other software programs to track crop rotation and inputs, but are struggling to tally the full costs involved in all the crops you grow, you are missing out on the total profitability picture.  Running your business without complete and accurate data is certain to …

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How Working Capital Can Make or Break You

How Working Capital Can Make or Break You

By K·Coe Editorial | May 20, 2019
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Reading Time: 2 minutes
Today’s ag environment shows commodity prices are below break-even for some operators, while barely budging the break-even level for others.  Economists have referred to this situation as “a grinder effect.” Meaning, the profitability level is grinding away at working capital little by little. Ultimately, this effect impacts the efforts needed …

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Coaching: The Big Payoff Most Businesses Don’t Expect

Coaching: The Big Payoff Most Businesses Don’t Expect

By K·Coe Editorial | May 15, 2019
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Reading Time: 2 minutes
By Danielle McCormick The top three workforce management challenges facing organizations today are retention/turnover, engagement, and recruitment. While that may not surprise you, perhaps the realization that a resounding 93% of managers – the people you equip with managing performance and motivating your employees – admit they need training on …

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IRS Issues Small Business Reminders

By K·Coe Editorial | May 13, 2019
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Reading Time: < 1 minute
‘Small Business Week’ prompted the IRS to publish reminders for entrepreneurs and businesses on how they can better estimate their tax situation and plan ahead.  There are some new credits available, and new guidelines as a result of the Tax Cuts and Jobs Act of 2017 that can help generate …

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Loan Origination Fees: to Recognize Immediately or Amortize?

Loan Origination Fees: to Recognize Immediately or Amortize?

By K·Coe Editorial | May 8, 2019
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Reading Time: 2 minutes
If your bank immediately recognizes loan origination fees and costs directly to your income statement, you are not alone. This is a common practice among many community banks. However, this practice is not in accordance with Generally Accepted Accounting Principles (GAAP). Watch this video to see Kati Barnhill explain the misconception …

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