Ag General
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Ag is Essential but Struggling
The lastest Kansas City Farmland Credit report reflects the gloomy picture in Ag.
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Joe Duda Discusses What You Don’t Know About Risk Management
Joe Duda and I discuss some of the risks that farmers face. I also share a personal experience that our family faced regarding the risk of injury.
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Good News on PPP From SBA/Treasury
The SBA and Treasury released an updated FAQ late last night that provides additional guidance on PPP loans and in general it is good news for farmers and other borrowers.
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Do Commodity Wages Count?
Commodity wages count for PPP and we go over the law why they do.
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Will Your Bank Reduce Your PPP Loan by 30%?
We are starting to see some of the documentation that banks required for PPP loans and they may lead borrowers to reduce their qualified loan amounts. We go over the issue.
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Any Business Concern Means Any Business Concern!
There appears to be misinformation from certain parts of the SBA and ABA on whether farmers qualify for PPP based on revenues. We go through the law and explain why revenue does not matter.
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Why is Seasonal Important
We provide more guidance on seasonal employers and how it affects your PPP loan amount.
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SBA Issues Some Guidance
The SBA issued some guidance last night. We recap what we know and still don’t know.
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Seasonal Employers Are Different
Seasonal employers have different rules on calculating labor costs. It will likely substantially reduce the amount they might qualify for versus a non-seasonal employer.
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May Means Shall
The IRS backtracks on requiring seniors to file a return to get their $1,200 payment and we have questions about self-employed farmers and the Payroll Protection Program.