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On May 13, 2021, the Financial Services Group hosted a webcast designed to provide insight into tax credits and federal/state tax developments. We discussed how recent and proposed tax legislation will impact your financial institution and what tax planning opportunities are available.
For more information on these updates or other ways we can assist, contact our Financial Services Group.
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The OBBBA changes meal & entertainment deductions starting in the 2026 tax year. Most employer-provided meals will no longer qualify for deductions with a few specific exceptions. Explore next steps for employers.