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

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. The discussion will include tax planning in a rising interest rate environment, an overview of evolving IRS audit exposure areas, new income tax developments, and other topics important to the community bank market.

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.

1:45 PM - 3:15 PM

Merger & Acquisition Tax Considerations I

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 tax concepts related to structuring M&A transactions to build a competitive edge and to avoid potential tax pitfalls. In this session, panelists will discuss the important tax issues related to structuring corporate acquisitions and divestitures, pre-transaction planning strategies to consider, including pre-closing dividends, NOL planning, and more!

3:45 PM - 5:15 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. This session will also discuss recent state and local changes as it relates to pass through entity tax elections and what that might mean for banks, of all asset sizes.

3:45 PM - 5:15 PM

Tax Credits & Renewables

This session will discuss the federal tax credit programs, and how corporations can take advantage of these federal incentives. This panel will also explain how the Inflation Reduction Act allows banks of all sizes to benefit from tax credits from sustainable energy projects.

3:45 PM - 5:15 PM

Mergers & Acquisitions Update: Deep Dive

In this follow up M&A session, panelists will dive deeper into critical topics of mergers and acquisitions, including first hand observations, items commonly missed, strategies to overcome challenges that your bank can act on now, and current controversies around the M&A landscape!

1:15 PM - 2:45 PM

Technical Accounting Update

This session will guide you through the most recent GAAP accounting updates, and new regulations around income tax disclosures. The session will also include a discussion on the expanded use of proportional amortization for tax credits and a few new rules from the SEC.

1:15 PM - 2:45 PM

Information Reporting Update

This session will focus on the increased IRS enforcement efforts in the information reporting area, such as Form 1042 and 1099 audits, and the new Form 1099-DA.  In addition, this session will discuss the IRS approach to enforcement of information reporting, as well as some common practices and tools that can be implemented by taxpayers.