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Administration and leaders in Congress support some common principles that could help banks.
April 26 -
Credit Suisse, the second-largest Swiss wealth manager, faces a sweeping tax evasion and money laundering investigation spanning five countries and potentially involving thousands of account holders.
March 31 -
Bankers are watching Congress for a handful of tax reform provisions that could have a big impact on their business.
March 30 -
Lower tax rates won’t be unqualified good news for banks, as a lower rate would reduce the savings that they get from making tax-exempt loans to cities, counties and other governmental agencies.
March 13 -
Bankers hope that new tax policy will respect the role of tax-assisted community development programs in encouraging business investment in distressed areas.
March 6Boston Private Bank -
A new IRS rule aimed at stopping fraud could also delay tax refunds and boost business for shops offering high-priced tax refund anticipation loans.
March 2 -
If Washington lowers taxes as much as banks and the rest of corporate America hope, it will yield a bonanza of earnings per share, new tech investments or investor dividends … right? Not exactly, bank leaders warn.
February 15 -
Certain cash-strapped consumers expecting a tax refund this year will be waiting longer than usual to get their funds because of a new IRS rule, prompting American Express Co. to expand the channels available to taxpayers looking to get their refund quickly through its Serve prepaid card.
February 8 -
The new study highlighting the importance of the credit union tax exemption comes at a time when Congress is looking for new ways to boost government revenues and save taxpayers money.
January 23 -
As President-elect Trump and the new Congress proceed on tax reform, there is one exemption in particular that needs to be closed, shut and buried.
January 20Florida Bankers Association