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Cyber Risks

Cyber Risks Aren’t Just an ‘IT Problem’ for Businesses Anymore

By Pinion Editorial | October 15, 2020
Reading Time: 2 minutes
Normally, when organizations discuss cybersecurity, all heads turn to IT for management of this issue.  But Cyber Risks programs are no longer the sole responsibility of IT departments. Cyber risks today are infiltrating businesses in ways that go beyond what your technology function can control.  For this reason, it’s become …

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How to Tackle Remote Workforce Cybersecurity, Ongoing

Cybersecurity Best Practices: 5 Ways to Keep Remote Devices Secure

By Pinion Editorial | October 12, 2020
Reading Time: 3 minutes
COVID-19 has challenged business to think about operations in a new way, and in many cases, companies have started supporting a remote staff for the first time.  Even among organizations that have used a remote workforce, most had to make quick adjustments or expansions to their plans, including managing remote …

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Workforce Cybersecurity

How to Tackle Remote Workforce Cybersecurity, Ongoing

By K·Coe Editorial | October 8, 2020
Reading Time: 4 minutes
This week’s theme for Cybersecurity Awareness Month 2020 is “If You Connect It, Protect It.” This theme took my mind directly to the Internet of Things (IoT). When I think about all of the cameras, Roombas, refrigerators, thermostats, televisions, and smart speaker devices – to name a few, that are …

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PPP Applicants are Stuck Fighting Fraud due to Security Breaches

PPP Applicants are Stuck Fighting Fraud due to Security Breaches

By Pinion Editorial | September 25, 2020
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Reading Time: 2 minutes
In recent weeks, we have learned of an uptick in fraud cases for businesses who have applied for Paycheck Protection Program (PPP) funds for coronavirus disruption relief due to security breaches.  Businesses on the receiving end of this type of fraud have discovered it only after receiving an official document …

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Leasing Standard

Leasing Standard Update: Effective Date, Balance Sheet and Call Reports Affected

By K·Coe Editorial | September 16, 2020
Reading Time: 2 minutes
Leasing Standard ASC 842 Overview This leasing standard (ASC 842) may not only affect a bank’s balance sheet, but also the balance sheet of its customers. Banks will be directly and indirectly affected by this new standard. No matter the asset size of the bank, almost all lease some type …

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What You Need to Know About Second MFP Payment

FSA Publishes Final Rule on Payment Limitation and Payment Eligibility: Key Takeaways for Producers

By Pinion Editorial | September 1, 2020
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Reading Time: 3 minutes
In a rather atypical fashion, the USDA published a Final Rule for Payment Limitation and Payment Eligibility on August 24, 2020.  The rule states that it was published to implement mandatory changes required by the Agriculture Improvement Act of 2018 (2018 Farm Bill).  Why atypical?  While the Farm Service Agency …

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In Wake of Disaster, How to Minimize Taxes on Insurance Proceeds

How to Handle Property Casualties in the Wake of Disaster

By K·Coe Editorial | August 25, 2020
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Reading Time: 4 minutes
As fires rage and rampage through large areas of California, the destruction of residences, outbuildings, and commercial buildings has been widespread. K·Coe Isom has been fielding questions and concerns from many of our clients regarding their property casualties from the derecho, hurricanes, and fires. Our business advisors have created an …

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