Industry Stakeholders Raise Broad Concerns about CECL at FASB Forum
The Financial Accounting Standards Board’s current expected credit loss standard presents significant operational challenges and stakeholders are concerned about real...
Tax and Accounting
Positioning for Pro-Growth Policy
Setting ABA’s government relations agenda for 2019.
ABA Urges Regulators to Delay CECL
Noting the lack of guidance for community banks related to the CECL accounting standard, ABA today wrote to the financial...
IRS Proposes Rules for 199A Deductions for Certain Trusts
In addition to final rules generally concerning 199A qualified business income deductions, the IRS last Friday concurrently issued proposed rules...
Beyond Advances
Is your bank leaving FHLB resources on the table?
IRS Issues Final Rules on Pass-Through Deduction for S-Corp Banks
While generally positive, preliminary analysis of the final pass-through rules suggests mixed results for a few issues of concern to...
Survey: Bank Investors Dispute Need for CECL
Three-quarters of bank investors disagree that change is necessary to loan loss accounting rules, while just 17 percent support a...
10 Real Estate Finance Policy Issues to Watch in 2019
The rapid pace of change will continue in 2019, ABA policy staff project.
ABA Offers Feedback on Proposed Opportunity Zone Rules
The American Bankers Association last week submitted a comment letter to the Internal Revenue Service offering feedback on proposed regulations...
Luetkemeyer Introduces Bill to Block CECL Implementation
Citing concerns over the wide-reaching effects the Current Expected Credit Loss standard could have on the U.S. economy, Rep. Blaine...
