(Published October 22, 2018) Will Newcomer explores why banks building in-house only solutions to CECL compliance may face significant challenges over the long haul.

(Published October 18, 2018) Due to the destruction caused by Hurricane Michael that took place beginning on October 7, 2018, the President has declared several counties in Florida and Georgia a federal disaster. As a result, individuals that reside in or have a business located in an affected area may qualify for tax relief.

(Published October 18, 2018) Due to the destruction caused by Hurricane Florence that took place beginning on September 7, 2018, the President has declared several counties in the states of North Carolina, South Carolina, and Virginia a federal disaster. As a result, individuals that reside in or have a business located in an affected area may qualify for tax relief.

(Published October 12, 2018) The rise of crypto currencies and Initial Coin Offering token activities is generating greater regulatory interest. This paper explores recent federal guidance—and some areas of ambiguity—involving the development and sale of ICO tokens, particularly in light of recent FinCEN guidance.

(Published October 8, 2018) In this article, the authors discuss the potential application of the wash sale and straddle rules to cryptocurrencies and cryptocurrency-related investments.

(Published September 27, 2018) Due to the destruction caused by Hurricane Florence that took place beginning on September 8, 2018 in South Carolina, the President has declared parts of South Carolina a federal disaster. As a result, individuals that reside in or have a business located in an affected area may qualify for tax relief.

(Published September 24, 2018) Wolters Kluwer experts Dries Verboven and Linda Jamison advise on how adopting an integrated regulatory compliance and reporting program will help banks adapt to continued regulatory scrutiny despite recent regulatory relief in the U.S.

(Published September 20, 2018) Due to the destruction caused by Hurricane Florence that took place beginning on September 7, 2018 in North Carolina, the President has declared parts of North Carolina a federal disaster. As a result, individuals that reside in or have a business located in an affected area may qualify for tax relief.

(Published September 20, 2018) An IRA owner, through recharacterization, can treat a contribution made to one type of individual retirement account (IRA) (i.e., traditional or Roth) as having been made to the other type of IRA. Though the deadline is fast approaching, individuals still have time to recharacterize their IRA regular contributions made for 2017 and conversions or qualified rollovers made to Roth IRAs in 2017. Please note, however, that recharacterization of conversions and qualified rollovers made to Roth IRAs in 2018 or subsequent years is no longer an option.

(Published September 19, 2018) Think of how many small business owners enter your financial organization every day. Many of them are in need of retirement plan that will help secure a better retirement for themselves and their employees. A Savings Incentive Match Plan for Employees of Small Employers (SIMPLE) might be the perfect solution. In this part of our three-part article dedicated to SIMPLEs we’ll explain what a SIMPLE plan is and discuss employer and employee eligibility.