The Tax Cuts and Jobs Act signed by President Trump in December 2017 creates the most significant changes to the corporate tax landscape since the 1980s. Community bankers need to carefully consider how tax reform impacts their organization and its shareholders. This session will include topics related to both C corporation and S corporation institutions and will discuss tax rate changes, the Section 199A deduction, and shareholder considerations, among other topics. Attend this webinar to learn the key topics community banks need to consider regarding tax reform.
- An overview of the new tax bill and comparison to prior tax law
- Detailed discussion of the new Section 199A deduction available to S corporation shareholders
- A detailed analysis of C corporation vs. S corporation structures, post tax reform
- Tax planning opportunities for 2018 and beyond
- Long-term strategic planning considerations
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
WHO SHOULD ATTEND?
This informative session is designed for senior management, directors, accounting personnel, auditing, and anybody involved in the preparation and review of your bank’s financial statements and/or call report.
PLEASE NOTE: The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered. You may have as many people as you like listen from your office speaker phone.
ABOUT THE PRESENTER – Amanda C. Garnett, CPA, CFSA, CliftonLarsonAllen LLP
Amanda Garnett is a principal in the Financial Institutions Group of CliftonLarsonAllen LLP in the Peoria, Illinois office. She has experience in the areas of financial statement audits, internal audits, regulatory reporting, tax compliance, and consulting for financial institutions ranging from $10 million to $5 billion in assets.
Amanda oversees coordination and delivery of tax services for community bank clients served out of CLA’s Midwest Region. She has extensive expertise in federal tax compliance, state tax issues, tax planning, and mergers and acquisitions. In addition to tax services, Amanda performs consulting services and training for financial institutions across the country on Call Reports and regulatory capital.
Originally recorded on July 23, 2018.
Recorded webinar is available until January 31, 2019.
Free Digital Copy included with purchase to download and view beyond link expiration date.
Price includes sales tax.