This session will provide attendees with an overview of federal tax developments impacting the financial services industry and will be presented in terms that the non-tax-professional can understand.
Topics to be discussed include:
An update on IRS audit initiatives aimed at the financial services industry and best practices to defend against significant assessment in these areas
An overview of recent tax regulations and IRS administrative pronouncements impacting the banking industry and how to maximize the benefit of these changes
Tax issues impacting troubled institutions and those that seek to acquired them, including IRC section 382 limitations, an update on failed bank acquisition issues and an overview of considerations necessary for determining the recorded tax benefits resulting from an acquisition or a significant capital raise