Webcast
Looming Tax Reforms and the Impact on Credit Unions
Congress has moved its attention to drafting tax legislation. One proposed strategy to generate revenue could impose a new tax on credit unions, shifting the industry significantly, not just for credit unions, but also the members they serve.
Join this complimentary webcast where Doeren Mayhew will dive into the potential impacts of credit unions paying income taxes. Using the existing Internal Revenue Service rules for banks, we’ll provide an example tax provision and the related accounting for income tax effects. Walk away with a thorough understanding of the tax considerations and what this could mean for your credit union.
Learning Objectives
- Explore state and local tax considerations.
- Learn more about regulatory capital calculations.
- Gain helpful tax planning insights.
- Discover other non-tax topics of what this change could mean for credit unions
