Paul Sirek, CPA, MBT - Eide Bailly LLP
Justin Horst - Pinnacle Bancorp, Inc
Over the past 25 years, the Community Bank Tax Workshop has become the banking industry’s premier annual advanced tax conference focused specifically on tax planning and compliance by community banks.
While the focus this year has been more directly on the current COVID-19 pandemic, there have been important events that affect the tax liabilities of community banks. Front and center are the tax provisions in the federal CARES Act, and the tax treatment of economic provisions in the CARES Act that have tax effects which are not addressed by the Act itself.
There are also other tax developments, including additional IRS guidance under the Tax Cuts and Jobs Act, and the continuing evolution of the community bank business model such as S corporation revocations. We will have plenty of new material to fill the session and then some!