The No Tax on Tips Act (“Act”) proposes a deduction of income tax on tipped income. A closer look at the long-term economic ramifications and administrative hurdles creates cause for concern surrounding this tax policy.

Webcast: Beyond Sweat Equity: Modern Compensation Strategies for Enhanced Engagement & Retention

Wednesday, Apr 16, 2025 at 08:30 AM

On January 16, 2025, Representative Andy Barr (R-KY) introduced a bill aimed at increasing the formation of new banks by easing regulatory requirements, particularly for de novo and rural financial institutions. The legislation seeks to address the declining number of new bank charters in recent years by phasing in capital standards and allowing greater flexibility in business plans for both depository institutions and bank holding companies.