Congratulations to KCoe Isom's New Principal-Partner, Effective April 1, 2022
Karli Olsen, CPA is a proactive leader in tax and accounting advisory to create efficiencies, profitability, and optimized tax structure for businesses.
Recent Insights
Water Infrastructure Act Fluidly Moving Along
Reading Time: 2 minutes The proposed Water Infrastructure Act will add flexibility for reservoir, irrigation, and water companies to generate essential revenue to invest in infrastructure. The bill reforms section 501(c)(12) of the federal tax code and is aimed to help companies stay in business and stimulate private investment in water infrastructure throughout rural …
You Could Be Standing on Additional Revenue
Reading Time: < 1 minute Many farmers haven’t ever stopped to think about the potential in revenue opportunities that lie right beneath them: land. “Your privately-owned land has value well beyond crop and livestock production,” says Robert Veldman, a senior land-management advisor at K·Coe Isom. In the face of thin margins and inconsistent markets, Robert encourages …
5 Things to Mitigate Farm Risk During Natural Disaster
Reading Time: 2 minutes As the nation watches the ongoing punch from Hurricane Florence (now a tropical storm) as it has been dumping rain for days and causing catastrophic storm surges, all eyes have been on an area just inland from the North Carolina coast, where there are more pigs than people. Near New …
Read more5 Things to Mitigate Farm Risk During Natural Disaster
How to Account for Equity Investments
Reading Time: 2 minutes Does your institution have Bankers Bank of Kansas (BBOK), Data Center Inc. (DCI) stock, or other equity securities (i.e. Farmer Mac, etc.)? If the answer is yes, it’s important to understand the upcoming changes on how to account for these types of equity investments on your balance sheet. Making the …
Caution & Potential Surrounding Common Ownership
Reading Time: 2 minutes Following the recently proposed Section 199A regulations in August, we have been fielding questions from farmers regarding common ownership and how section 199A (20% of business income deduction) may apply. Here is a general overview for guidance around these regulations, as well as a caution for rental entities. Common ownership, …
Details Announced for the Commodities Promised Relief by USDA
Reading Time: < 1 minute According to the official press release, USDA’s Agricultural Marketing Service (AMS) will administer the Food Purchase and Distribution Program to purchase up to $1.2 billion in commodities unfairly targeted by unjustified retaliation. USDA’s Food and Nutrition Service (FNS) will distribute these commodities through nutrition assistance programs such as The Emergency …
Read moreDetails Announced for the Commodities Promised Relief by USDA
As part of KCoe’s exclusive Pinion Advisory division, our robust solutions are part of a unique service portfolio that offers universal and pragmatic perspectives for overcoming challenges that you face.
