Navigating the FDIC Special Assessment and IRS Deductibility Rules

From Eide Bailly 

The FDIC special assessment applies to certain banks, with quarterly payments running from June 2024 to March 2026, while exempting banks with less than $5 billion in assets. Understanding the FDIC special assessment and its implications for your institution requires careful attention to the details of the rule and its interplay with tax law. Learn more from CCBN Preferred Service Provider (PSP) Eide Bailly about the nuances of this assessment and its impact on your organization’s financial and tax strategies. Learn more