ABA, associations urge lawmakers to preserve pass-through business deduction
ABA joined the S Corporation Association and more than 230 associations in support of legislation to make permanent the Section...
Tax and Accounting
ABA Banking Journal’s annual compilation of challenges for a new year
Investigating what is ahead for banks across multiple topics.
ABA seeks fix to proposed corporate alternative minimum tax treatment of partnerships
ABA’s recommendation for fixing the issue is to use financial statement income — i.e. book income — for investments made...
Community banks, CECL and CRE
Are small banks falling short of credit reserves on CRE portfolios? The data say no.
Beyond the endgame: A simpler approach to capital
A ‘single stack’ approach to capital would be efficient, flexible for smaller banks, sensitive to risk — and aligned with...
SEC’s Uyeda suggests agency withdraw staff bulletin on crypto assets
The Securities and Exchange Commission should withdraw a staff accounting bulletin that changed how banks and other publicly traded entities...
ABA seeks clarification on proposed hedge accounting standards
A proposed accounting standards update on hedge accounting should be amended to align with the Financial Accounting Standards Board's risk...
Proposal to allow disaster savings accounts gains traction
National Council of Insurance Legislators adopted a bipartisan, ABA-initiated resolution supporting the creation of state and federal legislation to establish...
ABA congressional team: Election results positive for banking, but bipartisan work remains
Though the GOP sweep of the House and Senate portends good things for bank-friendly policy, there is still a lot...
Podcast: Tax reform comes into focus for 2025
With many provisions of the 2017 Tax Cuts and Jobs Act expiring at the end of next year and tax...
