All times listed are Eastern.

7:30 AM - 5:30 PM | Registration


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 comptrollers, tax professionals, and their outside advisors, and 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 tutorial. In this session, we will discuss the common schedule M adjustments specific to banking, the bad debt conformity election, and emerging issues that are likely to be discussed in detail at the main conference.

8:30 AM - 4:45 PM

Community Bank Tax Workshop

Over the past 26 years, the Community Bank Tax Workshop has become the banking industry’s premier advanced tax conference focused specifically on the taxation of community banks.

 Tax revision will be on everyone’s mind.  By the first week of November, we expect to have a sense of whether, and if so how, federal income taxes are likely to change in 2022.  We might even have a new law to discuss, though that seems to be a stretch.  Remember that the Tax Cuts and Jobs Act was not signed until December 22, 2017.  Obviously, we will be discussing how community banks will be affected.

 While the focus this year will be on tax revision, other developments are also impacting the tax liabilities of community banks.  The tax provisions in the COVID relief legislation, particularly the Employee Retention Credit, are continuing to influence tax liabilities.  In addition, the evolution of the community bank business model, accelerated to some extent by COVID, and of community bank changes of control present novel tax issues under both the present law and some of the proposed revisions.  We will definitely have plenty of material to fill the session and then some!


8:30 AM - 12:00 PM | Accounting for Income Taxes Workshop

The COVID-19 pandemic is having a significant impact on financial markets driven by workforce restrictions, unemployment, production disruptions, travel restrictions, reduced consumer spending, and sentiment, amongst other factors. These impacts, and the resulting economic instabilities, are negatively impacting many companies’ financial performance. The financial impacts of COVID-19, as well as a bank’s responses, may impact the institution’s income tax accounting. Join your KPMG instructors for a refresher on routine tax accounting items that may not be so routine when contending with a down-cycle economy.


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


1:00 PM - 4:45 PM | State & Local Tax Workshop


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



5:45 PM - 7:30 PM | Welcome Cocktail Reception


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


8:00 AM - 9:00 AM | Morning Keynote Address


9:00 AM - 10:15 AM | General Banking Update

This session will provide an overview of recent tax developments impacting financial institutions.  Our Speakers will review the tax impacts of 2021’s wild ride. Topics to be discussed include analysis and review of recent and proposed tax legislation, including tax considerations with the CARES Act; a summary of recent IRS pronouncements, including guidance on the Employment Retention Credit and Paycheck Protection Program; recent accounting and regulatory guidance related to the TCJA; and, income tax issues related to a down cycle economy including forbearance and loan modifications.  


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


10:45 AM - 12:00 PM | IRS Developments

Our speakers will discuss the current LB&I focus and initiatives with special emphasis on the potential impacts on financial institutions.


12:00 PM - 1:30 PM | Networking & Keynote Luncheon


1:30 PM - 3:00 PM

S Corp Update

2020 has been an unprecedented year of unique challenges regarding cash flow, taxation, and employment.  Over the past year, we have been inundated with help from Washington in the form of loans, credits, deferrals, and retroactive tax law changes.  Join us for a discussion covering the impact on S-Corp banks and their shareholders, including M&A activity, the impact of the election, and the CARES Act.

1:30 PM - 3:00 PM

International Tax Update

1:30 PM - 3:00 PM

M&A Update

As consolidation and M&A activity continue at a rapid pace, bankers are looking ahead to build a competitive edge and a strong business. In this session, panelists will discuss M&A topics including net operating loss utilization and limitations, consolidated tax issues and recent transaction trends. Hear observations, items commonly missed, and strategies to overcome challenges that your bank can act on now.


3:00 PM - 3:30 PM | Mid - Afternoon Break


3:30 PM - 5:00 PM

GAAP & Regulatory Update

This session will provide an update on recent and upcoming developments in financial reporting, including new and proposed accounting standards, as well as current hot topics facing the financial institution industry.

3:30 PM - 5:00 PM

Tax Credits & Renewables

Most banks invest in monetizable tax credits for various reasons including regulatory requirements, managing effective tax rates, receiving a better return for cash on hand, and ESG considerations.  Over the years these efforts have grown, and it is not uncommon to see banks investing hundreds of millions if not more than a billion dollars a year into tax credits

3:30 PM - 5:00 PM

Information Reporting


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


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


8:00 AM - 9:00 AM | Morning Keynote Address


9:00 AM - 10:15 AM | Technology & Automation in Tax Departments

Covid 19 has changed the way many companies operate and during the pandemic and with tax professionals being busier than ever before, many have turned to automated tools and technologies to improve workflow.  Join this session as our experts outline how their tax departments adapted to new technology tools and implemented new automation methods


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


10:45 AM - 12:00 PM | Comp & Fringe Benefits Update

The Compensation and Fringe Benefits Update session will cover compensation and fringe benefit topics relating to the 2020 COVID-19 Pandemic. This includes brief discussions on impacts to payroll taxes, employer-provided benefits, and other relevant compensation topics.


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


1:00 PM - 2:30 PM

FSI Update

This session will discuss recent tax developments to the financial services industry and the international arena.

1:00 PM - 2:30 PM

Community Banking Update

This session will provide an overview of federal income tax issues and recent developments of significant interest to small and mid-sized banks. Topics to be discussed include an overview of the CARES Act provisions and other COVID-19-related developments of particular interest to community banks, an overview of the BOLI reportable policy sale regulations and their potential impact on common bank acquisition structures and other technical developments. All topics will be presented from a community banking perspective by practitioners who serve this market extensively.