By Anthony Kaylin, courtesy SBAM Approved Partner ASE
The W-4 is changing. On September 20, 2018, the Internal Revenue Service (IRS) announced that the major revisions previously proposed to the 2019 Form W-4, Employee’s Withholding Allowance Certiﬁcate, will be delayed to 2020. In August 2019, after releasing the second draft of the 2020 W-4, the IRS released the second draft of Publication 15-T, Federal Income Tax Withholding Methods, for 2020.
Risk Assets typically compose 50-80% of a community bank’s total assets. Asset Quality is viewed by the investment community to establish the bank’s value and it form the basis of capital requirements assigned by the regulators. Therefore, managing the commercial loan portfolio from an analysis perspective is extremely important for the overall health of a financial institution.
The continuous changes in state marijuana laws, coupled with significant shifts in federal policy, have led to conflicting signals when it comes to banking marijuana-related businesses (MRBs). Michigan Bankers Association will take a deep dive into the latest developments on MRBs, including reviewing the current state of marijuana regulations.
So,if you're interested in this topic the session will be in Lansing, MI, October 11th 2019.
Madison, Wis., August 9, 2019 – The Michigan Bankers Association (MBA) is delighted to announce that the Graduate School of Banking (GSB) at University of Wisconsin-Madison held commencement exercises during its 75th annual session of the school.
LANSING, Mich. – July 18th, State Treasurer Rachael Eubanks announced that the state of Michigan successfully sold more than $235 million in 2019 revenue and refunding State Building Authority bonds.
LANSING, Mich. – Business taxpayers can attend two seminars in Traverse City next week to learn more about taxes, wages and audits, according to the Michigan Department of Treasury.
Average Taxpayer Refund was $571
LANSING, Mich. – More than 3.3 million state income tax refunds were processed for the 2018 tax year that provided taxpayers with over $1.9 billion, according to the Michigan Department of Treasury.
LANSING, Mich., June 20, 2019 - The Michigan Bankers Association (MBA) announces the election of Jeanne Richter, President and CFO, Farmers state bank of Munith, as chairman of the Board of Directors. Richter is the third woman to lead the organization.