Pub. 12 2017-2018 Issue 3

NEBRASKA BANKERS ASSOCIATION 9 Email Rob Nichols at nichols@aba.com . ©American Bankers Association. All rights reserved. Reprinted with permission. • Avoid industry-specific taxes, which would be punitive and unfair, and slow economic growth. • Provide adequate transition time for the market and bal- ance sheets to adjust to the new system. ABA developed these principles through an internal tax reform working group that has coordinated closely with ABA’s banker-led Taxation Administrative Committee and solicited feedback from bankers in various forums. We have highlighted the principles in communications to Capitol Hill, informing members that we will strongly support tax reformefforts that alignwith these principles. Our goal is to encourage a smart approach to comprehensive tax reform that can help America’s communities thrive. As a veteran of the Treasury Department in the early 2000s when tax cuts were enacted, I know this undertaking is hard—I have the bruises to prove it. But that doesn’t mean it can’t be done. It can, and we should do everything in our power to make it happen.  experience perspective BKD National Financial Services Group What are you reflecting on? Improved financial reporting? Strategic planning? Regulatory compliance? BKD helps approximately 1,400 financial institutions manage change, make wise decisions and stay compliant. Experience how our expertise can give your institution a better vantage point. Omaha // 402.392.1040 Lincoln // 402.473.7600 bkd.com