The straight line

Thank you to everyone who was able to attend our hospitality room in Minneapolis on Dec. 6 during the CHS annual meeting. We have had the pleasure of hosting a hospitality room during this annual event for many years now and were very pleased with the turnout this year. We enjoyed spending time with each...

What we have seen in 2018: + Credit unions have seen a rise in profitability continue to stabilize in 2017 when compared to the prior year. Through the first six months of 2018, credit unions have maintained a return on assets of 0.90%, up 14 basis points from a year ago. + For the first...

It’s that time of year when we reflect on what happened over the past year. Depending on where you are geographically, 2018 may be a year that you can’t wait to put in the rear-view mirror (at least I know many of your patrons feel this way). Some areas saw a wet, sometimes snowy spring...

This year started out with a whimper compared to last year’s angst over the roll out of the Tax Cuts and Jobs Act (TCJA), particularly as 199 appeared to be axed and replaced by 199A. That was probably one of the most trying times as we attempted to digest and disseminate information as it was...

This year, Tax Day for individuals, sole proprietors and C corporations is Tuesday, April 17. You still have time to consider some moves in 2018 to potentially save federal (and possibly state) income taxes for 2017. Here are three last-minute planning ideas. Choose to Deduct State and Local Sales Taxes Individuals have the option to deduct...

Reverse-mentoring isn’t a new concept, nor is it widespread, though many companies could benefit from such a program. Pioneered at General Electric some two decades ago, the basic concept is that younger employees have a lot to teach older ones about work-related matters. In some corners of the business world, the idea is broadened to encompass...