All times listed are Eastern.

7:30 AM - 5:30 PM | Registration Open

7:30 AM - 8:30 AM | Networking Breakfast

8:30 AM - 4:45 PM

Bank Tax Tutorial Workshop

As most of the presentations at the conference will focus on specific technical issues, you will want to take advantage of our preparatory Bank Tax Tutorial. The Bank Tax Tutorial is designed for tax directors, tax professionals who serve the banking industry and others responsible for handling bank income tax matters. This workshop prepares you to follow the conference presentations with a greater understanding of the complexity of these issues. If you have not had a refresher course in some time, if you want a succinct and inclusive review, or if you just want to fill in gaps in your background, plan now to attend this special seven-hour tutorial. In this session, we will discuss the common schedule M adjustments specific to banking, the bad debt conformity election and its use in tax planning, and emerging issues that are likely to be discussed in detail at the main conference.

Patrick Egan, Director, Tax Planning - New York Community Bancorp
David Thornton, Partner - Crowe LLP
Monica Schmidt, Tax Partner - Crowe LLP

*additional fee required

Supported by: Crowe

8:30 AM - 4:45 PM

Community Bank Tax Workshop

Over the past 28 years, the Community Bank Tax Workshop has become the banking industry’s premier advanced tax seminar focused specifically on the taxation of community banks.

There has not been significant tax legislation during 2023, but there have been various rulings and other tax developments during the year that we will discuss during the session, including a live check-in with Jay Heflin from Eide Bailly’s National Tax Office in Washington, D.C. We will also discuss planning opportunities that exist in an environment with rising interest rates that can have a significant impact on a bank’s capital position. We will also address some in-depth issues relating to current issues that the community banking industry is dealing with, such as ownership succession planning, including an in-depth look at stock redemptions and also Employee Ownership Stock Plans (ESOP’s) and how they can be utilized as an efficient and effective ownership succession method. Current issues arising in the mergers & acquisition area will also be discussed, as well as a thorough discussion of long-range tax planning and much, much more!

Justin Horst, Chief Financial Officer - Pinnacle Bancorp Inc
Terry Merfeld, Partner - Eide Bailly LLP
Paul Sirek, Partner - Eide Bailly LLP
John Cederberg, CPA - John E. Cederberg, CPA

*additional fee required

Supported by: Eide Bailly

12:00 PM - 1:00 PM | Networking Lunch

1:00 PM - 4:45 PM | Accounting for Income Taxes Workshop

Another year is behind us with continued changes in tax legislation, accounting guidance, and SEC oversight. Join your KPMG instructors who will once again provide a refresher on selective common areas of accounting for income tax considerations impacted by the ever evolving legislative and regulatory environment. The session will explore the tax accounting impact of recent tax developments such as the Inflation Reduction Act, the CHIPS and Science Act, and GloBE/Pillar 2.  In addition, the group will do a deep dive into the GAAP rules for interim tax provisions, and the tax adjustments and related calculations under the Basel III regulatory capital rules.   The session will close out with a quick recap of ASU 2023-02 (which expands the population of investments for which an investor may elect to apply the proportional amortization method), proposed ASU on Improvements to Income Tax Disclosures, and a review of recent SEC Comments Letters on tax issues.

*additional fee required.

Mike George, Managing Director, Business Tax Services - KPMG
Sarah Gleason, Managing Director - KPMG
Joyce Liu, Managing Director, Business Tax Services - KPMG
Tony Welburn, Partner, Business Tax Service - KPMG

Supported by: KPMG

3:00 PM - 3:30 PM | Networking Break

Roundtable Sessions

5:00 PM - 6:00 PM

Roundtable B - Tax Implications of Remote Work

This session will highlight the relevant tax issues created by the increasing use of remote workers by financial institutions. Topics will include state and local income tax issues, as well as payroll and sales tax considerations. We will also hit on issues including foreign remote workers as well as the systems and controls employers should have in place to comply with various taxing authority’s regulations.

Julia Lagun, SVP, Corporate Tax Director - Comerica Bank
Cheryl Gilreath, Chief Tax Officer & Executive Vice President - Huntington
Brad Mattson, Principal, Financial Services - CLA
Susan Sabo, Managing Principal, Financial Services - CLA

Supported by: CLA
(CliftonLarsonAllen LLP)

5:00 PM - 6:00 PM

Roundtable C - Tax/Credit/Equity Incentives

This session will cover the economic impact created by federal tax credit programs (housing, renewable energy, community preservation) and how corporations can take advantage of well-tested federal incentives (common structures, and IRS guidance).  A high-level discussion of the total benefits, risks, mitigants and issues tax credit investors encounter and a perspective that addresses common objections to approving investments in tax credits. We will review the compelling risk/reward for tax credit investors investing in sustainability benefits versus straight financial and tax benefits earned by all tax credit investors and buyers.

Ron Copher, CFO - Glacier Bancorp
Drew Goldman, VP Investments - Foss and Co

Supported by: Foss & Co

6:00 PM - 7:30 PM | Welcome Reception

Sponsored by   

7:00 AM - 8:00 AM | Networking Breakfast

8:00 AM - 9:00 AM | Morning Keynote Address: A Conversation with Doug O'Donnell, IRS Deputy Commissioner of Services and Enforcement

Join us for this keynote session as Mr. O’Donnell provides an update on important IRS initiatives and audit plans. Don't miss this thought-provoking discussion that will focus on 2024 priorities, challenges, and emerging trends facing the bank tax industry.

Douglas W. O'Donnell, Deputy Commissioner for Services and Enforcement - Internal Revenue Service

9:00 AM - 10:30 AM | Tax Planning for Mergers and Acquisitions Part 1: Pre-Acquisition Considerations

Tax, regulatory, and economic uncertainty is having an impact on consolidation and M&A activity, so it is more important than ever for bankers to understand recent developments and to look ahead to build a competitive edge. In this session, panelists will discuss the important tax issues and pre-transaction planning strategies to consider in the pre-acquisition state of M&As, including pre-closing dividends, parachute payments, NOL planning, and more!

Ron Copher, CFO - Glacier Bancorp
Tanya Thomas, Partner - Baker Tilly US LLP
Ryan Nisle, Partner - Miller Nash LLP

Supported by: Baker Tilly and Miller Nash

10:30 AM - 10:45 AM | Mid - Morning Break

10:45 AM - 12:15 PM | Tax Planning for Mergers and Acquisitions Part 2: Post-Acquisition Considerations

In this second session of tax planning considerations, panelists will deep dive into the critical topics of post acquisitions. Hear observations, items commonly missed, and strategies to overcome challenges that your bank can act on now.

Ellen Rotenberg, Principal - PwC
Denise Schwieger, Principal - PwC
Ron Copher, CFO - Glacier Bancorp
Diana Miller, VP, Director of Tax - Signature Bank
Matthew Weithorn, Manager - PwC
Anna Turkenich, Partner - PwC

Supported by: PwC

12:15 PM - 1:45 PM | Networking Lunch & Keynote: Perspectives on the Current Regulatory Landscape for Banking Organizations

Please join us for lunch, followed by an engaging keynote from Bobby Bean, a Managing Director at FORVIS, where he will offer his expert insights on navigating the changing regulatory and economic environment. This keynote will also explore the current best practices in risk management and compliance strategies. 

Bobby Bean, Managing Director - FORVIS

Supported by FORVIS

1:45 PM - 3:15 PM

Community Bank Update

This session will provide an overview of federal income tax issues and recent developments of significant interest to community banks. Topics to be discussed include tax planning in a rising interest rate environment, an overview of evolving IRS audit exposure areas (including the Employee Retention Credit and micro captive insurance structures), planning for the new 1% federal excise tax on stock repurchases and a summary of miscellaneous federal income tax developments. All topics will be presented from a community banking perspective by practitioners who serve this market extensively.

Colleen Delger, VP, Tax Director - Banner Bank
David Thornton, Partner - Crowe LLP
Corey Pfeifer, Partner - Crowe LLP

Supported by: Crowe

1:45 PM - 3:15 PM

Taxation of Derivatives

This panel will provide an overview of the tax issues that arise from the most common uses of derivatives at banking organizations, including hedging and customer transactions. The panelists will discuss best practices for managing the tax reporting and compliance obligations arising from these activities.

Natalie Hennessy, Head of Private Bank Business Tax Advisory - Citibank
John T.Lutz, Partner - McDermott Will & Emery

Supported by:
McDermott Will & Emery

1:45 PM - 3:15 PM

Information Reporting Update

Information Reporting update focusing on recent developments across US tax information reporting regimes under IRC Sections 3, 4, and 61. In addition, the session will take a look at potential changes to information reporting as a result of tax reform.

Joey Connor, Vice President, Tax Policy - American Bankers Association
Jonathan Sambur, Partner - Eversheds Sutherland LLP

Supported by: Eversheds Sutherland

3:15 PM - 3:45 PM | Mid - Afternoon Break

3:45 PM - 5:00 PM

S Corp Update

This session will discuss recent S corporation bank developments and legislation, as well as the ever-changing political environment and what it means to your Bank and your shareholders. We will also discuss the M&A landscape and recent state and local changes as it relates to pass through entity tax elections and what that might mean for community banks.

Jeremy Uhl, Executive Vice President & CFO - Security National Bank
Paul Sirek, Partner - Eide Bailly LLP
Terry Merfeld, Partner - Eide Bailly LLP

Supported by: Eide Bailly LLP

3:45 PM - 5:00 PM

Renewable Energy Tax Credits & Transferability: What’s Changed

 Many banks are familiar with tax credit investing opportunities, and the “Inflation Reduction Act” passed in 2022 has opened the door to a wide range of new credits—including transferable credits that can be purchased outside of a traditional tax equity partnership. This panel will explain the changes post-IRA which allow banks of all sizes to benefit from tax credits from sustainable energy projects.

Bruce Lowry, Chief Tax Officer and Counsel - Western Alliance Bank
Raj Sanghera, Tax Director - M&T BANK
Kevin Haley, Head of Tax Credit Capital - Reunion
Trevor Salzmann, Senior Manager - Grant Thornton LLP

Supported by: Reunion Infrastructure

3:45 PM - 5:00 PM

Technical Accounting Update

Year-end is right around the corner - join us for this insightful session to ensure you are well prepared.  This session will guide you through the most recent GAAP accounting updates impacting 2023 financial statements, including a discussion on the expanded use of proportional amortization for tax credits and a few new rules from the SEC.

Shelly Cleveland, Director of Tax and Accounting Operations - BOK Financial
Heather Wallace, Tax Partner - FORVIS LLP
Greg Faucette, Partner, Professional Standards Group - FORVIS

Supported by: Forvis

5:00 PM - 6:00 PM | Networking Reception

7:30 AM - 8:00 AM | Networking Breakfast

8:00 AM - 9:00 AM | General Banking Update

This session will provide an overview of recent tax developments impacting financial institutions. Our speakers will provide a legislative outlook and will review the tax impacts of regulatory developments. Topics to be discussed include the latest guidance related to the Inflation Reduction Act of 2022, digital asset broker reporting and other current topics.

Natalie Hennessy, Head of Private Bank Business Tax Advisory - Citibank
Marco Palumbo, Partner - EY
Erika Bonner, Partner - Ernst & Young LLP

Supported by: EY (Ernst & Young)

9:00 AM - 10:15 AM | IRS Developments / IRS Practice & Procedure

The session will address a variety of IRS enforcement topics, including: adapting to the IRS’s increased resources, including improved technology, with respect to withholding audits; learning from the IRS’s recent use of judicial doctrines and related case law; and preparing for the IRS’s developing approach to listed transactions and related reporting obligations.

Susanne Muller, Executive Director and Senior Tax Counsel - UBS
Jared Goldberger, Partner - Mayer Brown LLP
Geoffrey Collins, Attorney - Mayer Brown LLP

Supported by: Mayer Brown

10:15 AM - 10:45 AM | Mid - Morning Break

10:45 AM - 12:00 PM | SALT Update

The session is a state & local tax update in which we will cover recent legislative developments, court cases, administrative guidance, and other matters relevant to the Banking & Capital Markets industry. The session will focus on corporate income tax, but will also cover recent sales/use and other state & local tax issues.

Cheryl Gilreath, Chief Tax Officer & Executive Vice President - Huntington
Ted Friedman, Partner - Eversheds Sutherland
Todd Betor, Partner - Eversheds Sutherland

Supported by: Eversheds Sutherland

12:00 PM - 1:00 PM | Networking Lunch and Keynote: Talent War Trends

Join us for this luncheon keynote! This afternoon keynote will provide insight into the current trends in the Talent War for Tax Professionals where you will gain valuable insight into the current state of the overall market.  Topics like supply and demand, work styles, and skills being hired will be discussed along with opportunities to ask specific questions you have related to recruitment, retention, and development. 

Adam Golden, Managing Director for TaxSearch Inc. - TaxSearch Inc.

1:00 PM - 2:30 PM

Compensation & Fringe Benefits Update

This session will discuss recent tax developments and updates to fringe benefits, including the impact of M&As on these tax implications.

Julia Lagun, SVP, Corporate Tax Director - Comerica Bank
Mary B. Hevener, Partner - Morgan Lewis

1:00 PM - 2:30 PM

Tax Technology Update

In this session, we will explore a diverse range of topics aimed at enhancing the efficiency and effectiveness of tax management for banks. We will begin with a deep dive into tech strategy, discussing various approaches to optimizing the tax function through technology. This will include insights on talent and training, addressing the essential human aspect of tech integration. We'll then move on to uncover low-hanging fruit for automation, including the use of connected workpapers, leveraging existing technology tools like Alteryx and PowerBI, implementing dashboards to elevate the review and reporting processes, exploring the KPMG Basel III tool, and considering apportionment strategies.

This session will also explore strategies to enhance data quality including enterprise resource planning. Finally, we'll peer into the future, exploring newer technologies such as Snowflake and generative AI, providing attendees with a glimpse of the evolving tech landscape and its potential impact on tax management within the banking sector.

Raj Sanghera, Tax Director - M&T BANK
Elizabeth L'Hommedieu, Principal - KPMG LLP
Amit Ringshia, Principal, Ignition Tax - KPMG
Lauren Wade, Senior Manager, Tax Ignition - KPMG

Supported by: KPMG