Tax Services

Looking out for your best interests

Our team continually reevaluates tax strategies to ensure they are beneficial to you. Wipfli's Tax associates have in-depth knowledge of the financial institutions industry and can provide tax planning, compliance, and audit assistance on industry-specific issues, as well as issues that are not unique to financial institutions.

 
Featured Expertise


Maria Bruggink, CPA

Maria Bruggink has 20 years of tax experience, teaching her to be innovative so her clients pay the least amount of taxes possible.

InsightsEventsNews

Wipfli LLP to participate in BAI Beacon 16
General Business - 10/03/16

Wipfli managing partner Rick Dreher named one of Inside Public Accounting’s Most Admired Peers
General Business - 10/05/15

Assurity River Group joins Wipfli LLP
General Business - 11/03/14

Wipfli announces partnership with Vertex SMB
General Business - 08/27/14

Wipfli Alerts & Updates: Are You Complying With Unclaimed Property Reporting Requirements?
General Business - 07/30/14

Wipfli LLP admits nine associates to the partnership
General Business - 07/24/14

Wipfli Alerts & Updates: IRS Amends Regulations To Allow Alternative Simplified Research Credit Election on Amended Returns
General Business - 06/11/14

Wipfli Alerts & Updates: 2014 Minnesota Tax Bill
General Business - 03/24/14

Wipfli expands Financial Institutions Practice
General Business - 01/27/14

Chicago practice of Regulatory Compliance Associates, Inc. joins Wipfli LLP
General Business - 01/13/14

Illinois-based The Condon Group, Ltd. joins Wipfli
General Business - 01/02/14

Wipfli Alerts & Updates: Year-End Compensation Accruals
General Business - 12/11/13

Wipfli Alerts & Updates: IRS Releases Taxpayer-Friendly Regulations Affecting the New 3.8% Tax in Time for the Holidays!
General Business - 11/27/13

Mark Scholl honored with the Polo Chamber of Commerce’s 2013 Citizen of the Year Award
General Business - 10/30/13

Wipfli’s Community Day helps 67 organizations
General Business - 10/17/13

Wipfli LLP provides sales and use tax webinar for Minnesota companies
General Business - 10/15/13

Wipfli Alerts & Updates: More Wisconsin Businesses to Qualify for Tax Savings Through Research Credit
General Business - 09/20/13

Wipfli Managing Partner Rick Dreher named one of Inside Public Accounting’s Most Admired Peers
General Business - 09/18/13

Wipfli LLP ranks among top 23 on Inside Public Accounting’s 100 Largest Accounting Firms list
General Business - 08/28/13

Wipfli LLP named a Best Place to Work for third time by the Minneapolis/St. Paul Business Journal
General Business - 08/15/13

Wipfli LLP elects four associates to partner
General Business - 07/25/13

Wipfli Alerts & Updates: Wisconsin Budget Bill
General Business - 07/16/13

Wipfli Alerts & Updates: Health Reimbursement Arrangements and the Prohibition on Annual Limits
General Business - 06/25/13

Wipfli Alerts & Updates: Minnesota Tax Omnibus Bill
General Business - 06/11/13

Wipfli Alerts & Updates: Urgent - Limited Planning Window For Clients Age 70 ½ Or Older—IRA Distributions To Charity
General Business - 01/10/13

Wipfli Alerts & Updates: Congress Reaches “Fiscal Cliff” Deal! Yet Most Taxpayers Will Still Likely Pay Higher Taxes.
General Business - 01/02/13

Minnesota-based Eikill & Schilling joins Wipfli LLP
General Business - 12/01/12

Rick Taylor is published in the Wisconsin CPA magazine - The Bottom Line
General Business - 10/04/12

Wipfli expands strategic advisory services practice focused on financial institutions
General Business - 08/13/12

Wipfli LLP admits six associates to the partnership
General Business - 08/01/12

Wipfli Alerts & Updates: Foreign Bank Account Reporting June 30th Deadline Approaching
General Business - 06/06/12

FinCEN Mandatory Filing
General Business - 05/08/12

Wipfli and Eide Bailly announce plans to merge
General Business - 01/06/12

January Credit Union Newsletter
General Business - 01/01/12

January Banking Newsletter
General Business - 01/01/12

Wipfli Alerts & Updates: Last Minute Strategies to Reduce, Delay, or Eliminate Taxes
General Business - 12/07/11

Wipfli Alerts & Updates: Wisconsin changes adult child health care insurance benefit
General Business - 11/10/11

Wipfli named one of the Top Five Fastest-Growing Firms in the nation
General Business - 10/07/11

Wipfli Alerts & Updates: Wealth Transfer Opportunities May End Soon
General Business - 09/07/11

September Credit Union Newsletter
General Business - 09/01/11

September Banking Newsletter
General Business - 09/01/11

Wipfli LLP’s Kevin Graff receives CRC designation
General Business - 08/01/11

Wipfli associate earns certified compliance officer designation
General Business - 07/26/11

July Credit Union Newsletter
General Business - 07/01/11

July Banking Newsletter
General Business - 07/01/11

Wipfli associate Erika Brink receives MBA
General Business - 06/21/11

Troubled Debt Restructurings
General Business - 05/05/11

May Credit Union Newsletter
General Business - 05/01/11

May Community Banking Newsletter
General Business - 05/01/11

Wipfli Alerts & Updates: Now May be the Time to Buy a New SUV for Business
General Business - 03/31/11

March Banking Newsletter
General Business - 03/01/11

UPDATED!! Tax Alert – Wisconsin Requiring EFT for Individual Estimated Tax Payments - 2011
General Business - 01/28/11

January Credit Union Newsletter
General Business - 01/01/11

January Banking Newsletter
General Business - 01/01/11

Small Business Health Care Credit May Benefit Tax-Exempt Employers
General Business - 11/02/10

Illinois-based Lindgren Callihan Van Osdol & Co., Ltd (LCV) joins Wipfli LLP
General Business - 10/06/10

September Financial Institutions Newsletter
General Business - 09/01/10

Audit and Accounting Update for Financial Institutions - Recorded Webinar
General Business - 11/21/16

Audit Defense in the Digital Age
General Business - 11/18/16

Pennsylvania Tax Credits and Incentives
General Business - 11/18/16

Addressing Prior-Year Exposure Issues: Voluntary Disclosure Agreement Versus Tax Amnesty
General Business - 11/18/16

Understanding the State Tax Implications of Consumer Direct Sales
General Business - 11/18/16

Who’s Guarding the Exits?
General Business - 11/01/16

Taking a Look at Your Credit Union’s Bank Secrecy Act/Anti-Money Laundering Program
General Business - 11/01/16

Taking a Look at Your Bank Secrecy Act/Anti-Money Laundering Program
General Business - 11/01/16

Overdraft Programs: Balancing Risk Versus Reward
General Business - 11/01/16

Mission Impossible or Mission Accomplished—Getting Your Strategic Plan in Shape!
General Business - 11/01/16

Investigating CECL Methodologies
General Business - 11/01/16

Building Blocks of FinTech for Community Bankers
General Business - 11/01/16

2016 Year-End Tax Planning
General Business - 11/01/16

Unclaimed Property—A Few Best Practices
General Business - 09/01/16

How the Expansion of the Military Lending Act will Impact You - Recorded Webinar
General Business - 08/17/16

Risk Management With an Enterprise (Wide) Focus - Recorded Webinar
General Business - 08/15/16

Surviving a Sales Tax Audit of Your Cash-Based Business
General Business - 07/22/16

Why Company Credit Cards Can Become a Sales Tax Audit Nightmare
General Business - 07/22/16

Sales and Use Tax Automation–Crucial Tools for Accurate Reporting
General Business - 07/22/16

Will the Upcoming Changes to Member Business Lending Affect You?
General Business - 07/01/16

Did the Requirements Within Regulation AA Go Away With Its Repeal?
General Business - 07/01/16

Secondary Market Quality Control—Have You Been Flying Under the Radar?
General Business - 07/01/16

Mergers and Acquisitions—Basic Tax Considerations for Taxable Asset and Stock Sales
General Business - 07/01/16

Beneficial Ownership Rule Is Finalized—Finally!
General Business - 07/01/16

Assessment and Execution of Strategy—Keys to Strategic Success!
General Business - 07/01/16

Are You Balancing Employee Trust With Smart Internal Controls?
General Business - 07/01/16

Accounting for Contract Incentives
General Business - 07/01/16

Unique New Risk Management Insights?
General Business - 05/01/16

Proposed Changes to the FLSA Overtime Regulations and the Actions Financial Institutions Should Take
General Business - 05/01/16

Profit Improvement—It’s Not Rocket Science
General Business - 05/01/16

Preparing for Your Next Bank Secrecy Act Examination
General Business - 05/01/16

Keep Calm and Give On!
General Business - 05/01/16

Fair Credit Reporting Act—Part Three—Revenge of the Reseller
General Business - 05/01/16

FASB’s New Standard for Leases
General Business - 05/01/16

Biometric Authentication: Will We Ever Get Rid of the Password?
General Business - 05/01/16

Loan Review Best Practices and Current Issues - Recorded Webinar
General Business - 04/14/16

Agricultural Finance Update – Credit Impacts of the Current Environment - Recorded Webinar
General Business - 03/21/16

What’s Next on the Horizon . . . Military Lending Act
General Business - 03/01/16

Is Your BSA/AML Training Program Adequate?
General Business - 03/01/16

How Does the PATH Act Benefit Your Business Operations?
General Business - 03/01/16

Five Ways to Win by Doing the “Main Thing”
General Business - 03/01/16

FASB’s New Standard for Financial Instruments
General Business - 03/01/16

Is It 1980 Again? Credit Impacts of the Current Agricultural Economic Environment
General Business - 03/01/16

IT Examination Hot Topics – Cybersecurity - Recorded Webinar
General Business - 02/25/16

Sales and Use Tax Return Filings: Understanding and Avoiding the Impact of Negligence Penalties
General Business - 02/23/16

Excise Taxes – What Are You Missing?
General Business - 02/23/16

Are You Monitoring Your Advertising Purchases for Proper Taxability?
General Business - 02/23/16

State Tax Filings – Important Year-End Tax Review Tips
General Business - 02/23/16

Risk-Based Capital Rule for Credit Unions
General Business - 01/01/16

The Dynamics of a Well-Written Suspicious Activity Report Narrative
General Business - 01/01/16

New Year’s Resolutions for 2016
General Business - 01/01/16

New Guidance for Public Business Entities
General Business - 01/01/16

Meals and Entertainment Deductions
General Business - 01/01/16

Diagnosing the Fair Lending Health of Your HMDA-LAR
General Business - 01/01/16

Changing Culture
General Business - 01/01/16

Loan Workouts, Nonaccrual Policy, and Regulatory Reporting of Troubled Debt Restructuring Loans
General Business - 12/31/15

Other Real Estate Questions and Answers
General Business - 12/31/15

Fiduciary (Trust Department) Risk Assessment – A Strategic Way to Identify Risk and Align Your Audit Resources
General Business - 12/30/15

Culture of Accountability: How do we get one? How do we drive performance?
General Business - 12/30/15

A WIN for Banks – The IRS Backs Down on OREO Carrying Costs
General Business - 12/29/15

Board Governance – Does Your Board Have a Succession Plan?
General Business - 12/29/15

Troubled Debt Restructuring: More Complications...or a Silver (Tax) Lining?
General Business - 12/29/15

Challenges in the Real Estate or Dwelling Loan Application Process
General Business - 12/28/15

Tax Considerations for FHLB Stock Redemptions
General Business - 12/28/15

“We’ve Been Robbed!” Six Risk Management Measures for Protecting Your Most Valuable Assets
General Business - 12/28/15

Home Mortgage Disclosure Act (HMDA): Did You Get It Right? - Recorded Webinar
General Business - 12/22/15

Recent Mergers Showcase the Other S-Corporation Benefit
General Business - 12/21/15

Tax Planning for Acquisition-Related Expenses
General Business - 12/21/15

Navigating CTR Form 112 on the BSA E-Filing System
General Business - 12/15/15

Preventive & Detective—Are the Controls in Place?
General Business - 12/14/15

So, You’re Thinking About Brokering Mortgage Loans
General Business - 12/01/15

Accounting for Mergers and Acquisitions
General Business - 12/01/15

Executive Compensation Review: It’s That Time of Year Again!
General Business - 11/19/15

Health Savings Accounts – Not Just for Customers
General Business - 11/01/15

Geographic Targeting Orders
General Business - 11/01/15

Why Boards Are (or Should Be) Discussing Mergers or Acquisitions
General Business - 11/01/15

Board Governance for the New World of Banking
General Business - 11/01/15

Amortization and Accretion Regulations and Their Effect on Trust and Wealth Management Accounts
General Business - 11/01/15

FASB Project Update
General Business - 11/01/15

Community Bank 2015 Year-End Tax Planning
General Business - 11/01/15

Bring Your Own . . . Device
General Business - 11/01/15

Don’t Forget About the Escrow Cancellation Requirements Effective October 3, 2015
General Business - 11/01/15

Increasing the Return on Investment of Your Construction Project: Ten Questions to Ask Yourself to Help Manage State and Local Tax Issues
General Business - 10/13/15

Cost Segregation Studies: Understanding the Application of Income Tax Analysis to Property Tax and Sales Tax Reporting
General Business - 10/13/15

Selling a Business: Have You Proactively Addressed State and Local Tax Issues Before the “For Sale” Sign Goes Up? - Part Two
General Business - 10/13/15

Demystifying Out-of-State Sales Tax Registration
General Business - 10/13/15

Should a Financial Institution Be Registered for Sales and Use Tax Purposes? Are You Next on the List for an Audit?
General Business - 10/01/15

Is it Time to Revisit Your de Minimis Capitalization Policy?
General Business - 09/01/15

Proposed Changes to the FLSA Overtime Regulations and the Actions Financial Institutions Should Take
General Business - 09/01/15

Ask Both: What Can Your ACH Audit Do for You . . .And What Can You Do for Your ACH Audit?
General Business - 09/01/15

Examiners and Your Institution’s BSA/AML System
General Business - 09/01/15

To Redisclose or Not to Redisclose—That Is the Question
General Business - 09/01/15

Is Your Holding Company Thinking Strategically?
General Business - 09/01/15

Have You Completed Your Fair Lending Risk Assessment?
General Business - 09/01/15

Maximizing Owners' Retirement Plan Benefits
General Business - 09/01/15

SALT-ED Q&A: How do I avoid paying sales tax on the purchase of exempt items?
General Business - 07/28/15

Five Mistakes Companies Make In Managing Customer-Provided Exemption Certificates (Is Your Company Guilty?)
General Business - 07/28/15

Selling a Business: Have You Proactively Addressed State and Local Tax Issues Before the “For Sale” Sign Goes Up?
General Business - 07/28/15

IRS Provides Welcome Relief on Timing of Bad Debt Deductions
General Business - 07/01/15

Business Continuity and FFIEC Appendix J: Be Prepared and Compliant - Recorded Webinar
General Business - 06/19/15

The Only Two Certainties in an Executive’s Life—Compensation and Taxes
General Business - 05/01/15

Most Common Sales and Use Tax Audit Adjustments
General Business - 03/20/15

Wait—Before You File, Did You Take Advantage of the Tax Increase Prevention Act of 2014?
General Business - 03/01/15

Managing Service Provider Relationships
General Business - 02/19/15

Making the Transition to Basel III a Little Easier - Recorded Webinar
General Business - 01/20/15

Financial Institutions’ Unclaimed Property
General Business - 01/01/15

Handling a Sales and Use Tax Audit: What You Don't Know Could Hurt You
General Business - 12/15/14

Automating and Simplifying Your Sales Tax Compliance with a Sales Tax Technology Solution
General Business - 12/15/14

SALT-ED Q&A: When do I pay taxes in another state?
General Business - 12/15/14

Sales Tax and Technology Solutions: Accepting the "Mission Impossible"
General Business - 12/11/14

2014 Tax Planning: What We Know and What We Don’t Know
General Business - 11/01/14

Updated Tax Sharing Agreement: Required by October 31, 2014
General Business - 09/01/14

IRS Makes Massive Changes to the Capitalization of Certain Expenditures in 2014
General Business - 07/01/14

Take Time to Revisit Your Bank Secrecy Act/Anti-Money Laundering Risk Assessment
General Business - 07/01/14

On the Horizon: Combined RESPA-TILA Disclosures
General Business - 07/01/14

New Regulatory Expectations to Address Cybersecurity Threats
General Business - 07/01/14

Revenue Recognition Changes
General Business - 07/01/14

Effective Succession Planning Requires Robust Talent Assessment
General Business - 07/01/14

Completing and Documenting a Suspicious Activity Investigation
General Business - 07/01/14

Money Laundering and Terrorist Financing “Red Flags”
General Business - 05/01/14

IRS Myth Busters
General Business - 05/01/14

Wire Transfers: A Fraudster’s Dream and a Banker’s Nightmare
General Business - 05/01/14

When Should You Force Place Flood Insurance?
General Business - 05/01/14

Planning for Basel III
General Business - 05/01/14

Capital Planning
General Business - 05/01/14

NCUA Risk-Based Capital Proposal
General Business - 05/01/14

Foreign Account Tax Compliance Act: What Domestic Financial Institutions Need to Know!
General Business - 03/01/14

Due Diligence for Private ATM Owners or Operators - Credit Unions
General Business - 03/01/14

Board Governance – The Top Ten Best Practices to Maximize Long-Term Performance
General Business - 03/01/14

Due Diligence for Private ATM Owners or Operators
General Business - 03/01/14

New Points and Fees Test for Qualified Mortgage and High-Cost Mortgages
General Business - 03/01/14

Continuous OD Fees Again? I Thought We Already Covered This!
General Business - 03/01/14

Are You Due For an Annual Interest Rate Risk Checkup
General Business - 03/01/14

Call Report Late Filing Trends and Implications
General Business - 03/01/14

Trust Risk Assessments: A Fiduciary Must
General Business - 03/01/14

Goodwill Alternative and Other Accounting Updates
General Business - 03/01/14

Interest Rate Risk Update
General Business - 01/13/14

What Does Basel III Mean to Your Deferred Tax Asset?
General Business - 01/01/14

It’s Time to Start “Playing Offense”
General Business - 01/01/14

Top Ten New Year’s Resolutions for Financial Institutions in 2014
General Business - 01/01/14

How to Create and Protect Your Passwords
General Business - 01/01/14

How Much Counseling Does One Borrower Need?
General Business - 01/01/14

Bank Secrecy Act – The Bottom Line
General Business - 01/01/14

More Regulatory Guidance for Troubled Debt Restructurings
General Business - 01/01/14

Liquidity Rule Requirements for Credit Unions – Effective March 31, 2014
General Business - 01/01/14

Beware of Hackers
General Business - 11/01/13

Selecting and Managing an Automated Surveillance System
General Business - 11/01/13

Interest Rate Swaps Revisited
General Business - 11/01/13

Is S-Corporation Status Still the Right Choice for Your Bank?
General Business - 09/01/13

Basel III Final Rule
General Business - 07/30/13

Don’t Lose Your S-Corporation Status!
General Business - 07/01/13

Internal Controls and Fraud Prevention
General Business - 07/01/13

How Does Your Compliance Management System Rate?
General Business - 07/01/13

How Does Your Compliance Management System Rate? (Credit Unions)
General Business - 07/01/13

Aligning Performance Management and Compensation Systems
General Business - 07/01/13

"Troubleshooting” Some Loan Accounting Issues – Part 2
General Business - 05/01/13

Third-Party Payment Processors – Mitigating Risk
General Business - 05/01/13

Affordable Care Act
General Business - 05/01/13

The Pulse of Banking M&A: 2012
General Business - 03/01/13

Takeaways From Recent Bank Secrecy Act Enforcement Actions
General Business - 03/01/13

Is the Board of Directors Receiving Accurate and Appropriate Information?
General Business - 03/01/13

FASB’s New Proposal for Measuring and Reporting Credit Losses
General Business - 03/01/13

Buyer Beware: Section 382 Limitations to Tax Carryforwards
General Business - 03/01/13

Patient Protection and Affordable Care Act (PPACA) Employer Mandate/Shared Responsibility Rules and Penalties
General Business - 02/14/13

Troubleshooting Some Loan Accounting Issues
General Business - 01/01/13

To Automate or Not to Automate – That is the BSA/AML Question
General Business - 01/01/13

The Benefits of Tax Engineering for Cost Segregation and the 179D Energy Efficient Tax Deduction
General Business - 01/01/13

The 2010 Health Care Act Creates a New Tax Starting in 2013
General Business - 01/01/13

Bank and Holding Company Stock Buybacks: Being Vigilant About Value
General Business - 01/01/13

No Consumer Complaints – Think Again
General Business - 11/01/12

Your TISA Disclosures Deserve Another Look
General Business - 11/01/12

Minimizing Remote Deposit Capture Risk
General Business - 11/01/12

Goodwill Impairment Testing: From Simple Standards to Complex Compliance
General Business - 11/01/12

Current Sales and Use Tax Issues for Financial Institutions in Minnesota
General Business - 11/01/12

The Pulse of Banking M&A: 2012 Mid-Year Review
General Business - 09/01/12

The Importance of a Call Back for Wire Transfers
General Business - 09/01/12

Lending Limits and Applying Combination Rules
General Business - 09/01/12

Cloud Computing Risks and Associated Financial Institution Strategies for Risk Mitigation
General Business - 09/01/12

Borrowing Short and Investing Long
General Business - 09/01/12

Obtaining a Quality Business Valuation: A Critical Component of SBA Business Acquisition Loans
General Business - 07/01/12

Is Your Financial Institution Its Own Automated Clearing House (ACH) Originator?
General Business - 07/01/12

BSA Update
General Business - 07/01/12

Seven Credit Union Issues to Address in 2012
General Business - 03/01/12

Seven Community Banking Issues to Address in 2012
General Business - 03/01/12

Bank Buy-Sell Agreements: What is Your Plan?
General Business - 03/01/12

The Business Side of SCRA
General Business - 01/01/12

Reporting Requirements for Corporate Stock Redemption
General Business - 01/01/12

Due Diligence for Technology Outsourced Solutions
General Business - 01/01/12

Garnishment of Accounts Containing Federal Benefit Payments
General Business - 09/01/11

Are Fringe Benefits Taxable?
General Business - 09/01/11

Troubled Debt Restructurings
General Business - 05/02/11

What Is Your Bank Really Worth? - Recorded Webinar
General Business - 03/09/11

Cancellation of Debt and Form 1099-C Reporting Requirements
General Business - 01/01/11

Preparing for Your Next Exam
General Business - 10/27/10

 
Featured Success Story


Premier Community Bank


With an understanding of the institution’s objectives, culture, and values and a keen knowledge of the industry, Wipfli provided a realistic evaluation of key strategic business opportunities and was able to offer solutions that fit their institution.



Solutions

Tax Services
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A true partnership that has continued to grow.

Private Bank Minnesota
Karen Barstad, Compliance Officer
Thank you for your contribution to our success. You’ve been so supportive and responsive, and I’m confident that you’ll continue to help us meet the compliance challenges ahead. It’s all about teamwork, and I’m grateful you’re on our team.