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Taxation of Financial Institutions
New York, New York, 10017
December 6th, 2012 - December 7th, 2012
8:00 AM (UTC -5:00), New York, USA
Event Speaker
Michael J. Giammalvo
Tax Partner, Crowe Horwath LLP
Tax Partner, Crowe Horwath LLP
Event Description
Designed for comptrollers of financial institutions, their tax staff and their outside tax advisors, this course covers all the relevant issues and gives you a solid foundation in financial institution taxation. You’ll be fully briefed on all current financial institution tax audit issues and be ready to deal with financial institution tax issues once you’re back on the job. We will also cover the acquisition of failed bank assets and the application of IRC Section 597 to these transactions including the resulting tax and purchase accounting implications.
Get the insights, strategies and techniques to:
• Avoid accrual of interest on loans in default
• Maximize your interest expense deduction
• Identify often overlooked deductions
• Deal effectively with the IRS on current audit issues
• Manage the timing of fee and interest income
• Comply with the mark-to-market rules
• Minimize exposure on deductibility of business expenses
• Consider whether your bank can elect S-corporation status
• Avoid tax pitfalls common in the acquisition area
• Compute maximum deductions under the reserve and charge off methods
• Select the most favorable reserve recapture methods
And much, much more — from selecting the booking entity...to rules governing interest and fee income to non accrual loans, acquisitions and the changing definition of bad debts.
Get the insights, strategies and techniques to:
• Avoid accrual of interest on loans in default
• Maximize your interest expense deduction
• Identify often overlooked deductions
• Deal effectively with the IRS on current audit issues
• Manage the timing of fee and interest income
• Comply with the mark-to-market rules
• Minimize exposure on deductibility of business expenses
• Consider whether your bank can elect S-corporation status
• Avoid tax pitfalls common in the acquisition area
• Compute maximum deductions under the reserve and charge off methods
• Select the most favorable reserve recapture methods
And much, much more — from selecting the booking entity...to rules governing interest and fee income to non accrual loans, acquisitions and the changing definition of bad debts.
Get the insights, strategies and techniques to:
• Avoid accrual of interest on loans in default
• Maximize your interest expense deduction
• Identify often overlooked deductions
• Deal effectively with the IRS on current audit issues
• Manage the timing of fee and interest income
• Comply with the mark-to-market rules
• Minimize exposure on deductibility of business expenses
• Consider whether your bank can elect S-corporation status
• Avoid tax pitfalls common in the acquisition area
• Compute maximum deductions under the reserve and charge off methods
• Select the most favorable reserve recapture methods
And much, much more — from selecting the booking entity...to rules governing interest and fee income to non accrual loans, acquisitions and the changing definition of bad debts.
Get the insights, strategies and techniques to:
• Avoid accrual of interest on loans in default
• Maximize your interest expense deduction
• Identify often overlooked deductions
• Deal effectively with the IRS on current audit issues
• Manage the timing of fee and interest income
• Comply with the mark-to-market rules
• Minimize exposure on deductibility of business expenses
• Consider whether your bank can elect S-corporation status
• Avoid tax pitfalls common in the acquisition area
• Compute maximum deductions under the reserve and charge off methods
• Select the most favorable reserve recapture methods
And much, much more — from selecting the booking entity...to rules governing interest and fee income to non accrual loans, acquisitions and the changing definition of bad debts.
Get the insights, strategies and techniques to:
• Avoid accrual of interest on loans in default
• Maximize your interest expense deduction
• Identify often overlooked deductions
• Deal effectively with the IRS on current audit issues
• Manage the timing of fee and interest income
• Comply with the mark-to-market rules
• Minimize exposure on deductibility of business expenses
• Consider whether your bank can elect S-corporation status
• Avoid tax pitfalls common in the acquisition area
• Compute maximum deductions under the reserve and charge off methods
• Select the most favorable reserve recapture methods
And much, much more — from selecting the booking entity...to rules governing interest and fee income to non accrual loans, acquisitions and the changing definition of bad debts.
Get the insights, strategies and techniques to:
• Avoid accrual of interest on loans in default
• Maximize your interest expense deduction
• Identify often overlooked deductions
• Deal effectively with the IRS on current audit issues
• Manage the timing of fee and interest income
• Comply with the mark-to-market rules
• Minimize exposure on deductibility of business expenses
• Consider whether your bank can elect S-corporation status
• Avoid tax pitfalls common in the acquisition area
• Compute maximum deductions under the reserve and charge off methods
• Select the most favorable reserve recapture methods
And much, much more — from selecting the booking entity...to rules governing interest and fee income to non accrual loans, acquisitions and the changing definition of bad debts.