It is with a hands on approach that our tax team tackles the crucial issues affecting your institution.

Here is a small list of the tax services we offer:

Federal Income Tax

• Completion of Federal Form 1120 and all related schedules
• Calculation of annual bad debt deduction
• Completion of Federal Form 3115

Quarterly Tax Planning

• Calculation of quarterly federal income tax estimated payments
• Estimation of tax provisions and deferred taxes for Call Reports or Board reporting
• Management meetings to explore tax implications on transactions, deferring applicable taxes and maximizing net income through the use of tax free income

Specific Tax Strategies

• Maximizing bad debt deductions
• Maximizing tax exempt income
• Life insurance strategies

Research Assistance

• Comparison of various tax opportunities
• Explanation of IRS code sections
• Explanation of various State tax code sections