Saturday, February 11, 2012

Supplemental Capital: Not Without Taxation, Says ABA's Leggett

ABA economist says supplemental capital bid "another attempt by credit unions to be more like banks." *** More; Supplemental Capital: Not Without Taxation, Says ABA's Leggett: 

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New IRS Auto Loan Reporting Rule Creates Major Compliance Challenge for Credit Unions

Credit unions that make auto loans need to begin preparing now for a significant new IRS reporting requirement that could create an especial...