ABA urges IRS to improve process for business change of address
ABA recommended that the IRS notify responsible parties electronically whenever a business address change occurs, saying that implementing the requirement...
Tax and Accounting
ABA expresses support for Call Report revisions
ABA said it supports proposed revisions to the Call Report that ease a compliance burden on banks resulting from a...
Ten recommendations to modernize deposit insurance
It’s time to refine the FDIC’s emergency authorities and resolution processes, in addition to considering possible changes to the deposit...
Breaking down the bank-related provisions in the big budget bill
Following the enactment of the One Big Beautiful Bill Act, hear from ABA experts on how key ABA-supported provisions on...
Updated: President signs ‘big beautiful bill’ including numerous ABA-backed provisions
Included in the bill were several ABA-supported tax provisions related to banks, including a modified version of the ABA-advocated ACRE...
ABA offers feedback to FASB request for input on its agenda development
The association’s feedback identifies opportunities to more closely align underlying economics with accounting outcomes; opportunities to balance costs relative to...
ABA, state associations support tax provisions in budget bill
Provisions welcomed by ABA and the state associations include a narrow version of the ACRE Act and a permanent Section...
Volatility prompts banks to hoard cash and implement financial hedges
Even smaller banks with only a few billion dollars in assets are using swaps and other derivatives to more proactively...
Senate tax measure contains provisions on ACRE, pass-through business deduction
The Senate Finance Committee released its reconciliation tax text that contains several differences from the version passed by the House,...
Credit-sensitive Libor replacements still seek traction
Looming volatility and recent developments may give AXI and Ameribor a boost
