Subchapter S Banks:
Merger, Sale & Acquisition Strategies for Troubled Times
telephone – Webcast – Audio/Visual CD Rom
8:00 am – 9:30 am Pacific
9:00 am – 10:30 am Mountain
10:00 am – 11:30 am Central
11:00 am – 12:30 pm Eastern
NEW! For your convenience, you may now register online! click here
While mergers and acquisitions always present challenges, the current economy will create new and rarely explored scenarios. Whether you are a Subchapter S Bank looking to buy or being forced to sell, this session will assist you in determining the most favorable tax structure.
HIGHLIGHTS
o BIG tax considerations
o Avoiding ordinary income recognition
o Triggering ordinary loss recognition
o Planning and controlling the character of final shareholder distributions
o Maintaining control of final tax filings
· S Corp Institutions as Acquirers
o Acquiring other S Corp institutions
§ Due Diligence
o Acquiring C Corp Institutions
§ Profitable
§ Troubled with net operating losses
WHY SHOULD YOU PARTICIPATE?
This session is a cost-effective way to learn about planning and evaluating the structure of potential transactions involving Sub S Banks and Bank Holding Companies as either an acquirer or a seller. You may train as many individuals as you like for one set price. There will be no travel costs, no time lost from work and no one will be required to leave the institution.
WHO SHOULD ATTEND?
This informative session will benefit board members, chief executive officers and chief financial officers.
Please note: Your registration fee allows you to have one telephone connection. However, as many people as you like may listen from your office speaker phone. If you register for the webcast, your registration fee also includes one internet connection from a single computer terminal.
ABOUT THE PRESENTER – Joseph M. Press
Joseph M. Press, CPA is president and director of Fortner, Bayens, Levkulich and Co., P.C. He has over twenty years of experience providing accounting, tax and regulatory consulting services to financial institutions in the Rocky Mountain region.
He is a member of the American Institute of certified Public Accountants, the Colorado Society of Certified Public Accountants and Association of Certified Fraud Examiners. Joe is a graduate of Regis College in Denver and received his MBA from the University of Colorado.
WHAT IS A TELEPHONE/WEBCAST SEMINAR?
This training method allows unlimited listeners on your office speaker phone. By choosing the webcast option, participants will also be able to view online visuals as the presentation is delivered. Registrants receive a toll-free number and pass code that will allow entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials will be sent prior to the broadcast along with hookup instructions. Your pin number, hookup instructions and handouts will be emailed to you. You will need the most current version of Adobe Acrobat Reader available free at www.adobe.com.
CAN’T ATTEND THE SCHEDULED TRAINING? ORDER THE AUDIO/VISUAL CD ROM!
As an added benefit, you may purchase a CD Rom* of this presentation. The CD includes the original audio/visual presentation, the question and answer sessions, and the handouts. In addition, you will be able to contact the presenter if you have follow-up questions. Use this “off-the-shelf” training program for those that could not attend the live seminar and for future training. AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE.
*CD Rom for PC use only
NEW! For your convenience, you may now register online! click here