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The Future of Investing: Man vs. Machine

7/11/2018

When I first heard the term “Robo-Advising,” I was a senior in college, getting ready to enter the field of financial advising. The name alone was enough to make me worry that I had chosen the wrong profession. I hadn’t even made my first student loan payment, yet my future career was about to be replaced by machines! If that wasn’t bad enough, the 2008 mortgage crisis had just occurred. Ten years later, financial advisors haven’t been replaced by machines, and it’s important to understand why.

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IRS Announcement2018 HSA Contribution Limits Remain at $6,900 for individuals with family HDHP coverage

7/5/2018

On May 4, 2017, the IRS announced that the maximum family coverage contribution limit to a Health Savings Account (HSA) for 2018 was $6,900.

However, on March 5, 2018, the IRS announced that the $6,900 was reduced to $6,850 due to changes to the indexing provisions outlined in the Tax Cuts and Jobs Act. 

 

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Sales Tax AlertU.S. Supreme Court Rules in South Dakota v. Wayfair

6/27/2018

On June 21, 2018, the Supreme Court of the United States issued its widely anticipated decision in South Dakota v. Wayfair, et al. No. 17-494. In a 5-4 decision, the Court held that the physical presence rule for state tax jurisdiction is incorrect and not a requirement under the Commerce Clause of the U.S. Constitution.

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Recent Improvements to Hospice Notice of Election (NOE)

6/21/2018

Good news! New improvements have been made to the Hospice Notice of Election (NOE). Things are changing, so learn how the new procedures work by reading the full article.

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Advisory Insights: Introducing the New Lease Standard

6/14/2018

During my years in the financial institution industry, we made every effort to classify any lease agreement we entered as an operating lease as opposed to a capital lease. Not only did we want to avoid recording an asset and its corresponding liability on the entity’s balance sheet, we also did not want to expend the effort of the requisite capital lease accounting afterwards. 

This is no longer necessary, thanks to the new lease standard, ASC 842. 

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Bad Examples Make Good LessonsLearning from Wells Fargo

6/6/2018

Welcome to a short case study on Wells Fargo’s (Wells) latest bungle in the land of consumer compliance.  Hopefully this short read will save your institution about a billion dollars, or the latest civil money penalty charged to Wells as the result of the two publicly cited issues.  You’re busy.  I know.  So allow me to break down the thirty-five page consent order filed April 20, 2018 by the Consumer Finical Protection Bureau (CFPB) against Wells.  

 

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Common Tax Return Red Flags to Avoid

5/31/2018

Your federal return for the periods shown above has been selected for examination.

Have you ever received one of these letters? If so it can be a very stressful event! Your first thought is “Why am I being audited?”

Sometimes it is pure luck that your return has been selected for audit by the IRS, but most of the time it is due to “red flags” that the IRS has identified. “Red flags” is a term used for items of income or deductions in a return that may stick out as unusual or may be an irregularity for that year.

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Saltmarsh Financial Advisors Host 5th Annual Night at the Ballpark

5/29/2018

The Saltmarsh Financial Advisors wouldn’t let a little rain stand in the way of hosting their 5th Annual Night at the Ballpark for their great clients and friends.

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Saltmarsh Is Glad to Give Back on CPA Day of Service

5/25/2018

The CPA Day of Service is an annual event where CPAs throughout Florida volunteer in their communities.

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New Technology, Same Old Scams: Criminals Holding on Line One

5/24/2018

 

Phone calls from the IRS notifying you there is a warrant for your arrest! You may think that tax scams only take place online these days, but many criminals prefer old-fashioned tactics that could catch you completely off-guard!  

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Welcome Baby Margo to the Saltmarsh Family!

5/22/2018

Last Wednesday morning, Margaret "Margo" Althea Poirier was born, weighing in at 7 lbs., 1 oz. 

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HMDA Data Collection FAQ: Should You Start, Stop, or Continue?

5/17/2018

Many of our clients are asking the same questions, and rightly so given the number of HMDA related proposed and final rules, amended rules, charts, and guidance documents published since early 2015.  Below we share answers to the most common questions we receive related to the ‘new’ HMDA.

 

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CFPB Issues New Rule: A Light in the TRID Black Hole

5/9/2018

On April 26, 2018, the CFPB issued a final TILA RESPA rule that provides institutions more flexibility when changes occur between the time a closing disclosure is provided to borrowers and the consummation of the loan. The final rule will be effective June 1, 2018.

 

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The Bank Advisors Host Their First CFO Roundtables of 2018

5/8/2018

Our Bank Advisors held their first Community Bank CFO Roundtable meetings of the year across the region. Paul Allen led our meetings in Tampa and Orlando, while Bill Massey headed the meetings for Ft. Walton Beach and Dothan, AL. 

 

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Weathering the Market Storms

5/3/2018

Working with clients as a Registered Investment Advisor in Florida, I’ve often compared the declines in the stock markets to hurricanes. Both develop quickly, create a noticeable impact, and leave those effected feeling uncertain. A market decline is a reality that many people have not properly accounted for as they try to grow their investments. But it’s something that can cause tremendous worry, especially for those near or in retirement.

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Don't Fall Victim to Cyber Crime!Protect Your Personal Information

4/26/2018

You are driving to a meeting with a new prospective client.  Your boss calls and needs those reports for her meeting that starts in 10 minutes.  Whipping into the local coffee shop with free wi-fi, you can shoot those reports out, buy a round of lattes for the meeting and still make it on time.  Out comes the laptop as you find a small table in the corner, and you connect to the CoffeeShoppe_Guest wireless network. The New Email button is clicked, the reports are attached, you add the recipient and click Send.  

 But, did you just expose your personal information?  Will you be a victim of cyber crime?  The most frequent target for cyber criminals is personal information

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Your Financial Institution's Role in the Fight Against Human Trafficking

4/24/2018

Human trafficking is much more prevalent than we’d like to believe. With over 600 human trafficking cases reported in 2017, Florida ranked 3rd among all states for reports according to the National Human Trafficking Hotline.  What can you do to combat this crisis?

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End of Tax Season Party 2018

4/19/2018

The 2018 Tax Season tried to hang around as long as it could, but it is now over! Although April 17th looked like the end, the IRS decided to have a few malfunctions and extend the deadline to April 18th! With busy season officially over, we were finally able to celebrate.

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Non-Profits 101: Overcoming Obstacles to Tax-Exempt Status

4/18/2018

In my last blog, I discussed the basics of receiving and maintaining tax-exempt status. Yet, many new non-profits encounter common mistakes and errors that complicate these efforts. Two areas where obstacles are most commonly encountered are payroll and fundraising.

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A Helms-MacBeth Wedding

4/12/2018

Congratulations Stephen and Ron!

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Submission Deadlines: FRVS Survey Data

4/4/2018

DUE APRIL 30, 2018: Submission of updated FRVS survey data to AHCA. The FRVS survey data will be used to calculate your 10/01/2018 FRVS rate.

 

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Tax Scams Across the Nation Part Three: Have You Seen My Tax Refund?

3/27/2018

Identity-theft tax refund fraud occurs when someone uses your stolen Social Security number or Individual Taxpayer Identification Number (ITIN) and then files a tax return on your behalf claiming a fraudulent refund.

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Industry Check-Up: How New Accounting Standards Will Impact Healthcare

3/22/2018

Some of the most significant accounting changes in recent years are right around the corner. Two new standards will have a great impact on healthcare and other entities: revenue recognition and lease standards.

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Advisory Insights: Financial Institutions - Options for Syndicated Loans

3/15/2018

One benefit of performing reviews of accounting operations for our Financial Institution (FI) clients is the chance to review a specific function that while infrequent, is unique to that client.

One such review is that of syndicated loans. These allow FIs to take part in large loans that they would otherwise not be able to originate alone. During a recent review of syndicated loans, the question was raised concerning the proper way to amortize purchase premiums or accrete purchase discounts. 

 

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Leadership in Your CommunityHow to Choose the Right Organization

3/13/2018

As a young professional moving back home to Pensacola over a year ago, I've had the opportunity to start from scratch in building my community involvement. Thankfully, I've found the community to be welcoming and appreciative of young professionals wanting to get involved. In fact, I would take it further to say the community truly embraces new and young professionals trying to make their way. Below are the pieces of advice provided by others that impacted my choices in determining where and how to get involved. 

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What's New? CFPB Releases New Five Year Strategic Plan

3/8/2018

On February 12, 2018 the Consumer Financial Protection Bureau (CFPB) released its Strategic Plan for FY 2018-2022.  A lot has changed since the first five-year Strategic Plan for FY 2013-2017 was published.  

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Avoid Surprises Next YearRevisit Your Wage Withholding

3/6/2018

The IRS has just released the revised Form W-4 online withholding calculator & Form W-4 updated for the Tax Cuts & Jobs Act. The IRS has also recently released the new withholding tables to reflect the new law.  Many taxpayers are seeing increased take home pay because of the new tables. 

 

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Non-Profits 101: Intro to Obtaining Tax-Exempt Status

3/1/2018

Non-profit status and tax-exempt status: what exactly do those terms mean from a tax perspective? Is my non-profit automatically tax-exempt? How do I become tax-exempt? These are just some of the questions I have received over the years. Before we discuss how to earn and maintain the tax-exempt status, you need to understand how the two statuses relate! 

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Bank Regulation AlertHMDA Changes Force Update of CRA Public File Requirements

2/27/2018

Effective January 1, 2018 - The Community Reinvestment Act (CRA) was amended on November 20, 2017 by the Federal Deposit Insurance Corporation, the Federal Reserve and the Office of the Comptroller of the Currency. The joint agency final rule revises the definitions of “home mortgage loan” and “consumer loan” to more closely align to the new revisions of the Home Mortgage Disclosure Act (HMDA).  Both the HMDA and CRA revisions became effective January 1, 2018.

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Goodbye Gabes... It's Terrell Time!

2/26/2018

Jayme Gabes and Jeff Terrell tied the knot on Saturday, February 24th at Old Christ Church in Pensacola, Florida. Friends and family from across the country came together for this special occasion.

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No More Free Lunches... Or Rounds of Golf!Meal & Entertainment Expenses under the Tax Cuts & Jobs Act

2/21/2018

The provisions of the Tax Cuts and Jobs Act will impact every individual and business. One of the provisions that has not been widely publicized but will have significant  impact is the new rules related to meal and entertainment expenses

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William Vander Beasley Has Arrived!

2/20/2018

The Beasley family welcomed its newest member yesterday: William Vander Beasley. Instead of the usual gender reveal, the Beasleys were able to keep the name under lock and key until he was born!

 

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Tax Scams Across the Nation Part Two: Ring, Ring, Ring! Bad Guys on Line One

2/14/2018

Warning: The IRS does not call and leave pre-recorded, urgent messages asking for a call back.

 

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Branch Operations: Dual Control vs. Dual Presence

2/8/2018

Most branch environments have higher-risk areas that require dual control to access.  This is mainly because the theft or misappropriation of the contents in these areas could result in the financial institution suffering a loss.  Increased regulatory scrutiny is often applied to such areas.

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New Requirements for SNF ABNs

2/6/2018

Effective May 7, 2018: New version of the Skilled Nursing Facility Advance Beneficiary Notice of Non-coverage (SNF ABN) is mandated - Form CMS-10055 (2018). CMS is encouraging earlier implementation.

 

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New Medicare Cards Required to Fight Identity Theft

2/2/2018

The Medicare Access and CHIP Reauthorization Act (MACRA) of 2015 requires all Social Security Numbers (SSNs) to be removed from all Medicare cards by April 2019. A new Medicare Beneficiary Identifier (MBI) will replace the SSN-based Health Insurance Claim Number (HICN) on the new Medicare cards.

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To Do Your Own Taxes or Not? That is the Question!

2/1/2018

With tax season just around the corner, the question of whether or not to prepare your own taxes should be on your radar screen. Why? Because that decision is wise to reassess periodically to account for any significant personal changes, and it is best done in advance of filing deadline pressures. Whether you are a veteran DIYer when it comes to preparing your taxes, or you have always outsourced your tax return preparation up until now, considering the options in light of your current circumstances can help you arrive at an informed decision.

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Saltmarsh Financial Advisors Host Implications of Investor Behavior Events

1/31/2018

Saltmarsh Financial Advisors was honored to welcome Christian Newton, Regional Director of Dimensional Fund Advisors (DFA) as a guest speaker for several special events in Pensacola and Destin.

 

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Saltmarsh Hosts Technology Roundtable In Tampa

1/30/2018

On Monday, January 29th, we hosted a roundtable meeting for technology companies. Our discussion focused on recent events, potential challenges, and best practices that are currently impacting technology in the Tampa Bay area and how they could impact the future.

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2018 HMDA FAQ: CRA Public File and Branch Disclosures

1/22/2018

Questions regarding the impact of the new HMDA regulation have been top of mind for our clients. Specifically, many of you have asked how the regulation affects CRA public file and branch disclosures. 

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Tax Scams Across the Nation Part One: Bad Guys Have Gone Phishing

1/18/2018

The IRS is warning taxpayers to stay alert to several tax scams that are occurring across the nation. Phishing, phone scams and identity theft top the list of scams normally reported. Following hurricanes and other recent disasters, the IRS is urging taxpayers to be on the lookout for schemes stemming from these recent events during this year's tax season.

 

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Critical Security Flaw that Affects Your Computers

1/11/2018

As you may have heard on the news, a critical hardware vulnerability was recently discovered that impacts computers all over the world. These flaws are now being more commonly referred to as Meltdown and Spectre. “Meltdown” is the flaw found in Intel Chips that allows malicious programs to gain access to higher-privileged parts of a computer’s memory and “Spectre” is the flaw found in ARM and AMD chips that steals data from the memory of other applications on a machine. 

 

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CFPB Announcement: New Asset Size Thresholds

1/10/2018

Just three business days before the new year, on December 27, 2017 the Consumer Financial Protection Bureau (CFPB) released the following asset size thresholds for year 2018.

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Regulatory Update: Servicemember Lending

1/4/2018

Recently, new regulatory updates have been enacted that impact servicemembers and financial institutions. Stephen MacBeth explains how the National Defense Authorization Act for FY 2018 signed into law by the President impacts servicemembers, while Sarah Oliver offers insight on the new and amended Q&As in the revised Interpretive Rule for implementing the Military Lending Act (MLA). 

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Wedding Bells at Saltmarsh

1/3/2018

We are excited to announce that our own Jacey Sanders is now Mrs. Jacey Banach!

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Welcome Baby Owen Scott Tilley!

1/2/2018

We are very excited to announce the arrival of the Saltmarsh family's newest addition. Owen Scott Tilley was born at 8:05 a.m. on December 29th, weighing in at 8 lbs. and 5 oz.

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Tax Cuts and Jobs Act (TCJA): For Individuals and Businesses

12/21/2017

The Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. Here's a look at some of the more important elements of the new law that have an impact on businesses and individuals. Unless otherwise noted, the changes for individuals are effective for tax years beginning in 2018 through 2025.

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Avoid Fair Lending Risk! Track Pricing Exceptions

12/13/2017

The tracking and monitoring of pricing exceptions has long been an expectation of financial institution regulators. If you are not already tracking and monitoring these exceptions, you may want to consider implementing procedures to doing so.

 

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Storytelling Matters: Sharing Your CRA Efforts During Exams

12/6/2017

The single piece of CRA-related advice that we most often give our clients is to tell their story. We summarize some of the CRA issues common amongst our client banks, but later, we will share some of the more innovative and original ideas to have come from them.

 

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Fiduciary vs. Suitability: Which is Driving The Investment Advice You Receive?

12/4/2017

In the financial services industry there are two primary parties who can offer investment advice- Registered Investment Advisors (RIA) or investment brokers. The investment advice you receive from these parties may be similar, but a key difference exists between RIAs and brokers. The difference lies in the two competing standards each party is bound to uphold.

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The Truth About Getting Rid of Tax Debt

11/30/2017

If any of you have listened to satellite radio or watch TV, I will assume you have heard those commercials from those specialty tax firms that claim they can settle your debt for “pennies on the dollar.”  Is this too good to be true? Probably.  Is this as common as those commercials say? Absolutely not.

Can you settle your debt for 10 cents on the dollar?  Yes, you can…if you meet the right criteria. 

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Saltmarsh Gobbles Up Annual Thanksgiving Lunch

11/17/2017

As the holidays draw near, we had our annual Thanksgiving lunch with all the fixin's! See all the pics here.

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2018 HMDA Prep: Sample Sizes & Error Thresholds for Examiner Testing

11/16/2017

The guidelines detailed how HMDA Loan Application Register (LAR) data, collected beginning January 1, 2018 will be validated by examiners.  In this article, we elaborate upon two topics that should be of importance to compliance officers -- how the testing sample is selected and the specific thresholds for resubmission due to errors.

 

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Saltmarsh Hosts Technology Roundtable in Tampa Bay

11/13/2017

On Thursday, November 9th our Tampa office hosted a roundtable meeting for tech companies in the Tampa Bay area.

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Saltmarsh Goes Global for 2017 Cook-Off Contest

11/10/2017

Our annual cook-off to benefit Manna Food Pantries boasted all kinds of delicious and festive dishes. This year’s theme was International, so dishes from all around the world were featured. As always, the competition was fierce.

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I See, You See, We May See an IC-DISC in Your Future!

11/9/2017

IC-DISC is an acronym for Interest Charge - Domestic International Sales Corporation. Strict formation and operating requirements must be met, but the tax benefits to you and your company can be substantial. Learn more about the requirements and benefits from John Mascaro.

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Effective Now: New Third-Party Sender Registration Rule

11/3/2017

Attention all Originating Depository Financial Institutions (ODFI), the Third-Party Sender Registration Rule is now in effect. Janice Weisz, AAP, has provided key points to assist you through this registration process and make you aware of additional requirements to keep in mind once the initial registration process has been completed.  

 

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2018 HMDA Prep: Examiner Guidelines for Testing HMDA Data

10/31/2017

Jennifer Paradise, CRCM provides more information to help you in your HMDA Prep for 2018! The Federal Financial Institutions Examination Council (FFIEC) has issued HMDA Examiner Transaction Testing Guidelines for validating Home Mortgage Disclosure Act (HMDA) data collected in or after 2018. 

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Saltmarsh Hosts 2nd Annual Construction Industry Update

10/27/2017

The Construction Advisors at Saltmarsh hosted the 2nd Annual Construction Industry Update on Thursday, October 26th. The half-day seminar featured local experts speaking on our region’s most important industry concerns and developments. 

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Conference Prep: Don't Forget Networking Opportunities

10/26/2017

Seasoned conference pros know that every conference is an opportunity to network, whether you go to attend, exhibit, or both. Here are some networking tips to consider before, during, and after the conference.

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New Technical Corrections to SNF RUG Rates Published for FY 2018

10/17/2017

The Centers for Medicare & Medicaid Services published a technical correction to the SNF RUG rates for FY 2018, effective 10/1/2017.

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Tax Alert: Hurricanes Harvey, Irma and Maria Tax Relief for Businesses

10/12/2017

One of the additional relief provisions added by recent legislation after Hurricanes Harvey, Irma and Maria is the Employee Retention Credit. 

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Interim Rate Adjustments for Skilled Nursing Facilities after Irma

10/2/2017

Will you be getting a bump in your SNF Medicaid rate to cover costs incurred in preparation for or recovery after Irma? Learn more about how to qualify for an interim rate adjustment for your SNF.

 

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Make Your Move: Game Planning for the CPA Exam

9/28/2017

Now for the final piece in our 5 part CPA Exam Series!

It is absolutely imperative that you develop a game plan for test day.  Going into these exams with the mindset of “I’m going to take it one question at a time” is big mistake. Get tips from Brandon Heppler, CPA on how to be ready for test day!

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New Waivers Regarding Care Issued by Center for Medicare & Medicaid Services (CMS) Following Hurricane Irma

9/25/2017

The Reingruber ALERT provides insights from advisors serving the post-acute healthcare community. Learn more about the new waivers authorized by the administrator of the Center for Medicare & Medicaid Services (CMS) following Hurricane Irma.

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Equifax Data Breach: What Does This Mean For You?

9/21/2017

The recent data breach of Equifax, one of three major U.S. consumer credit agencies, has created worry and panic among consumers. Such breaches highlight problems that will likely have an impact on future regulations and legislation. But what about you, the individual? 

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Governor Scott Issues New Emergency Rules for Assisted Living Facilities and Nursing Homes Following Hurricane Irma

9/20/2017

The Reingruber ALERT provides insights from advisors serving the post-acute healthcare community. Learn more about the effects of Hurricane Irma on new emergency rules, tax relief measures, and business interruption loss claims.

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Hurricane Irma Update: IRS Announces Important Tax Relief Information

9/18/2017

The IRS has announced important tax relief information for residents and business owners impacted by Hurricane Irma in the state of Florida.

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How to Help Your Customers Impacted by Hurricane Irma

9/14/2017

We have started getting questions from clients in affected areas about what assistance they should be providing customers in affected areas. What should you be doing to help your customers affected by Hurricane Irma? 

 

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Regulatory Tripwire! Home Equity Line of Credit Statement Format

9/7/2017

Although this topic is not new, it continues to surface from time to time. I want to share a reminder of the regulatory requirements for properly disclosing on the borrower's initial periodic statement for a Home Equity Line of Credit (HELOC) the account-opening (start-up) fees paid out of the first advance.

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No Time to Lose: Prioritizing Your Responsibilities

9/1/2017

Your State Board of Accountancy has approved you to sit for the CPA exams. You have purchased your review course, and you are ready to start studying. Now it's time to get real and ask yourself: “How much time should I commit to studying?” “When will I know that I'm ready to take any of the four exams?” “How long does all this take?” The answer to these questions depends on… you!

Everyone’s learning style is different. However, one thing you must do before you begin studying is this: objectively assess your current responsibilities and prioritize them around your study time.

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Identifying Third-Party Sender Relationships

8/17/2017

In a previous FAQ for the new NACHA rule, I addressed common concerns about the upcoming Third-Party Sender Registration rule, which takes effect on September 29, 2017. A key component of this rule is being able to properly identify Third-Party Sender relationships before the registration period begins. 

Many times, while performing audits, it is determined that the financial institution has customers acting as a Third-Party Sender and don’t even know it.  To help make sure that you are not one of those institutions, here is some information that describes what a Third-Party Sender is and some guidance on how to identify a Third-Party Sender, so you won’t be caught off guard. 

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Welcome Baby Juliana Ryan Strickland

8/10/2017

Say hello to the newest member of our Saltmarsh family. Juliana Ryan Strickland was born at 8:30 p.m. on August 9th, weighing in at 6 lbs and 10.9 oz.

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Relief Regarding Shortage of Appraisers

8/8/2017

Sometimes I don’t know if I’m the only one to get the news or the last to get it. I like to think of it as the art of juggling. In my defense this has been sitting in a ‘to read’ pile for months, but still in my peripheral vision. 

Basically, the federal banking agencies and the NCUA provided options to address the shortage of state certified and licensed appraisers, specifically for lenders operating in rural areas. 

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Set Your Course: Finding the Right Review Plan

8/2/2017

You are working on your education requirements, have applied to your state board, and are waiting for your application to be reviewed. What’s next? Wherever you are in the journey to become a Certified Public Accountant, it is never too early to start considering what review course may work for you, fit your budget, and match your study style. 

 

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Beware of Behavioral Red Flags That May Indicate Fraud

7/27/2017

For most business owners, the idea that a trusted employee would steal from the company is almost unthinkable. After all, many employees have been with the company for years, and some may even be family members.

But the truth is that occupational fraud is a serious threat to businesses of all sizes. According to the 2016 Association of Certified Fraud Examiners (ACFE) Report to the Nations on Occupational Fraud and Abuse, fraud perpetrators tend to display certain behavioral warning signs. These are red flags that all employees should be looking out for to help reduce fraud.

In fact, the ACFE says that at least one red flag was exhibited in 91 percent of the fraud cases they analyzed in the report. And in 57 percent of cases, multiple red flags were observed before the fraud was detected.

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Could You Survive a Trust Account Audit?

7/27/2017

Are your trust accounting practices sufficient? They may not be if your system doesn’t include these essentials:

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Understanding Investment Value and Synergies in a Sale

7/27/2017

When it comes to selling a business, the big question in the owner’s mind is simple: “What’s it worth?” And as any valuation professional will tell you, the answer is, “Whatever the buyer will pay for it.”

Of course, this type of exchange is frustrating for a business owner seeking quick, hard-number guidance on value. But it’s important to remember that value is a somewhat imprecise term. Value depends on the circumstances surrounding the business, its cash flow, financial position, competitive situation, management team and many other factors. 

And in every case, value also depends on the buyer’s goals and what the business can provide for that individual or entity. 

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6 Steps to Better Time Management

7/27/2017

That happy balance between maximizing billable hours and enjoying a personal life can be elusive for attorneys. The trick is to make each moment of the workday count.

This starts with protecting yourself from the time-robbers that lurk outside your door. Here are six tried-and-true time management tactics to put into practice:

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Frequently Asked Questions: Targeting New NACHA Rule & Requirements

7/25/2017

If your financial institution is an Originating Depository Financial Institution (ODFI), make sure that you are aware, informed, and ready to register with the National Automated Clearing House Association (NACHA).  The new Third Party Sender Registration rule will come into effect September 29th, so let us help you prepare!

Here are answers to some frequently asked questions regarding the upcoming Third-Party Sender Registration Rule, and an updated registration link to access the NACHA Risk Management Portal!

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Saltmarsh CPA - Who We Are

Who We Are

Our professionals have the depth of experience, industry knowledge and worldwide resources to help you reach your goals. We put your success above all else as your trusted advisor.

Saltmarsh CPA - What We Do

What We Do

Saltmarsh offers a full range of professional services to accommodate your needs – from tax planning and accounting services to information technology and employee benefits consulting.

Saltmarsh CPA - Who We Serve

Who We Serve

Saltmarsh serves individuals and businesses. Personal attention, access to the right professionals and rapid response is how we serve.

Contact Us

FORT WALTON BEACH
(850) 243-6713

ORLANDO
(407) 203-8990

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(727) 821-9200

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(615) 661-0885

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(850) 435-8300

TAMPA
(813) 287-1111

info@saltmarshcpa.com
(800) 477-7458

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