Your Bank is Going Over $500 Million, What to Know and Plan Now
September 21, 2022
So, you have weathered the financial obstacles of the last few years, and your bank is on a trajectory to reach $500 million in assets.
So, you have weathered the financial obstacles of the last few years, and your bank is on a trajectory to reach $500 million in assets.
Community banks are facing a lot of pressure as they look to grow in their home markets. They face competition from larger lenders, ways to
By Chris Griesemer, Partner and Information Technology Security Specialist for Community Banks A client of mine at The Whitlock Co. recently brought to my attention
The American Institute of CPA’s (AICPA) released Technical Questions and Answers (TQA) on June 30 to address common accounting issues for Paycheck Protection Program (PPP)
The Financial Accounting Standards Board (FASB) met yesterday, May 20, and made a tentative decision to extend the effective dates for the new revenue recognition
PPP Forgiveness Update A first draft of the PPP loan forgiveness application (PDF link) has been released. As with everything related to this program, we
Eligibility On March 27, 2020 President Trump signed into law the CARES Act which included the Paycheck Protection Program (PPP) loan provisions designed to help
The IRS released guidance on April 30th to explain that a taxpayer that receives a loan through the Paycheck Protection Program (PPP) is not permitted
Congress has passed a $2.2 trillion stimulus package to support the economy during the virus pandemic. The President has indicated that the bill will be
Amount billed for routine phone calls
Amount billed for services if not 100% satisfied
Sleepless nights knowing we’re in charge
Headaches figuring out tax regulations
Of your time devoted to making money
Stress free tax filing
