In this issue, we discuss the HoganTaylor and JPMS Cox merger and the pending tax reform. You probably know from working with us that we love to serve community banks and credit unions. Joining forces with JPMS Cox will nearly double our Financial Institution Practice resources and will immediately benefit our clients in Oklahoma, Arkansas and surrounding states.
Soon after the merger was announced, HoganTaylor and JPMS Cox partners and managers met and discussed plans to expand our service offerings, continuing to focus on what matters most to you. One that requires careful attention and planning for banks is President Trump’s tax reform initiative – H.R. 1, the “Tax Cuts and Jobs Act” (HR 1).
Mallory Taylor, partner at JPMS Cox, recently had the opportunity to attend the 52nd annual Bank Tax Institute conference. While at the conference, Mallory gained some insight into the potential tax reform and how those changes may affect financial institutions.
There are several proposed tax law changes making their way through Congress. Find out which ones matter most to financial institutions. Read More
Since our last FI newsletter, our nation elected a new president, the FASB adopted a radically new credit loss standard at the urging of the regulators, and both the Cubs and Astros won the World Series. Had someone asked me to forecast those events, I would have been mostly wrong. But I did predict one of those things would happen. Read More