Breaking Archive

You know by now that the American Health Care Act (H.R. 1628) was withdrawn from consideration due to lack of support. Speaker Paul Ryan said, “Obamacare is the law of the land for the foreseeable future.” The president has decided not to pursue the ...Read More

For your information, IRS has issued its 2017 version of Publication 969, Health Savings Accounts and Other Tax-favored Health Plans. Pub 969 historically is viewed as the IRS “bible” on health savings accounts, flexible spending accounts, and health reimbursement accounts. The Pub can be ...Read More

MARCH 3, 2017 – The Alabama House of Representatives may vote next Tuesday on House Bill 263, the legislation introduced earlier this session by Rep. Ken Johnson (R-Moulton) at the request of the Alabama Bankers Association that clarifies a confusing Department of Revenue tax ...Read More

FEBRUARY 23, 2017 – House Bill 263, the legislation introduced by Rep. Ken Johnson (R-Moulton) at the request of the Alabama Bankers Association, was favorably reported by the House Financial Services Committee on Wednesday. Upon motion by Rep. Merika Coleman (D-Birmingham), seconded by Rep. ...Read More

February 8, 2017 – The 2017 Regular Session of the Alabama Legislature officially began Wednesday at noon. The first legislative day ended early in both chambers, with representatives and senators able to only introduce legislation and resolutions; no substantive votes were taken. New Faces in ...Read More

Following up on his campaign promise to pare back the federal regulatory process, yesterday, during a meeting of small business owners, President Trump signed an executive order (attached) limiting the issuance of new federal regulations and rulings. As is typical of the tone of ...Read More

Make plans now to attend our 2017 Annual Convention and Trade Show! Set for June 4-7 at the Omni Nashville Hotel in Tennessee. Last year, more than 530 people and 58 banks participated in our convention. We expect participation at our 2017 event to be even higher! As ...Read More