Event Overview
The tax environment for community banks continues to evolve as institutions navigate changing federal and state tax legislation, increasing technology investments, heightened scrutiny of tax positions, and new opportunities to optimize after-tax earnings. This session will provide a technical analysis of recent tax developments affecting financial institutions, including transferable clean energy tax credit markets, Research and Development (R&D) tax credit opportunities arising from digital transformation initiatives and artificial intelligence investments, tax-efficient balance sheet management strategies, and the application of IRC Section 139L to agricultural real estate mortgage lending activities, among other additional timely topics.
2 - 4 p.m. CT
- Explore opportunities for tax savings through the purchase of transferable federal tax credits.
- Identify potential opportunities for tax savings from technology and AI process implementation through the Research & Development Tax Credit.
- Discuss strategies to improve a bank’s effective tax rate through management of interest expense deductions, including the impact of Section 265(b) limitations and tax-advantaged investment strategies.
- Use Section 139L and its application to agricultural real estate loan interest income and related planning opportunities.