Bankers throughout the Midwest face two overarching issues regarding strategic planning: 1) the need for liquidity and 2) competition fostering tighter loan terms and rates. Many would agree that both factors can hamper a community bank’s growth and…
New legislation will give pass-through entities in Oklahoma the option to pay income tax at the entity level. Read on for details.
FASB, banking regulators and federal lawmakers are indicating no delays should be expected in the implementation date for the new credit loss model known as CECL. Read on for information on a set of technical corrections covering many CECL…
Arkansas recently passed Senate Bill 576 and House Bill 1953, significantly changing the state’s corporate income tax code, including reduced corporate income tax rates, requirement to use the single sales factor apportionment and extension of the…
The Federal Reserve Board of Governors, the FDIC, the National Credit Union Administration and the Office of the Comptroller of the Currency recently updated the regulatory frequently asked questions (FAQs) related to CECL implementation. Read on…
Transparency and financial accountability are among the many challenges not-for-profits face in generating fundraising efforts. Join BKD for part one of our five-part Nonprofit Insight series as we explore the reasons donors give—or don't give—to…
Effective for public companies in 2020 and others in subsequent years is a new accounting standard that has become a widely discussed subject for the banking industry.
As of January 1, 2017, the Illinois Department of Revenue eliminated the noncombination rule, affecting filing requirements for unitary business groups containing entities that are required to use special apportionment. Read on for more details on…
Institutional Special Needs Plan (I-SNP) contracts are quickly rising in popularity as Medicare, managed care and state Medicaid programs push for value-based reimbursement payment models and place a heightened focus on quality scores and…
A joint final rule has been approved to amend certain agencies’ regulations regarding loans in special flood hazard areas. Read on for more details.