Blake Crow

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Blake Crow

Blake Crow

@BankTaxBlake

Millennial Partner at a top 25 accounting firm, which means I’m stuck somewhere between wearing my hat backwards and yelling at kids to get off my lawn.

Des Moines, IA Katılım Eylül 2015
1.6K Takip Edilen654 Takipçiler
Blake Crow retweetledi
UNRL
UNRL@unrlco·
We’re giving away the ultimate UNRL x @mnwild Playoff Experience for Game 3 on 04.22. You will receive: + 2 Club level tickets + 2 Limited Edition UNRL x Wild Hoodies + 1 Signed Quinn Hughes Jersey To enter: Like, RT, & tag a friend. Must be following to win. 1 Winner from Instagram, X, or Facebook will be announced April 21st. No purchase necessary to enter.
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Blake Crow
Blake Crow@BankTaxBlake·
@Schornack Based on the sales processes were involved with (multiple currently), this is the type of feedback that results in disappointed bidders / would-be buyers
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Andy Schornack
Andy Schornack@Schornack·
Hovde indicating that banks <$500 million trading at 80% of TBV. Market has lost its mind. Normalization not until $5-10 billion.
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Blake Crow
Blake Crow@BankTaxBlake·
For anyone interested in the M&A space, buy or sell side, I'm moderating a virtual panel with 6 community bank M&A attorneys on November 10th. Registration here: event.on24.com/wcc/r/5057553/…
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Blake Crow retweetledi
Jared Doerfler
Jared Doerfler@DoerflerJared·
Let’s give this @HannaGolfCo putter away. 72 lie 3 loft Here’s how to win. • Retweet this tweet • Click the link in the next tweet below - submit your email address This putter will also have “first off the mill” engraved on the bottom. Winner can choose finish. Contest will run through 4/7 at 1:00 pm Central. Winner will be selected on 4/7 by 6:00 pm. Let’s have a Friday.
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Blake Crow
Blake Crow@BankTaxBlake·
@DoerflerJared Had one in my cart but when I submitted my credit card it came back sold out 😭. Guess I'll just have to keep trying!
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Jared Doerfler
Jared Doerfler@DoerflerJared·
We did our Limited Release El Reno this morning. We put 12 on the site. They sold out in 45 seconds. I am genuinely surprised they sold that quick. Truly grateful for the golfers who believe in us. Thank you. Sincerely appreciate golfers who tried to buy as well.
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Blake Crow
Blake Crow@BankTaxBlake·
@commbankerguy If shareholders have high cash flow wants to/ needs and might sell the bank someday so the S corp step up in basis is valuable, then S corp is the route. The analysis just runs on a spectrum between those factors.
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Blake Crow
Blake Crow@BankTaxBlake·
@commbankerguy If you have an ownership group willing to reinvest 100% of earnings and intends to pass their stock through their estate and receive a step up in basis at death, C corp all day long.
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Community Banker Guy
Community Banker Guy@commbankerguy·
You’re a closely held less than a $1B bank with 20 years of management runway. Fork in the road: 1) Keep Sub S status, consolidate ownership to management and Board with buy backs over time. 2) Assuming C Corp tax rate gets lowered, Go C Corp and scale it up bigger Which do you choose??
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Blake Crow
Blake Crow@BankTaxBlake·
@BillKinneyCPA We (@EideBaillyLLP ) have a cost seg team that would be happy to assist. We have resources in Minneapolis and Mankato as well, so in your area.
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Bill Kinney, CPA, EA
Bill Kinney, CPA, EA@BillKinneyCPA·
Does anyone have advice for finding a firm that does cost segregation and would work with me and my clients? I’ve reached out to a few that advertise it and they all refer to third parties (who they won’t share with me). I’m in Minneapolis market. #taxtwitter
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Preston Kennedy
Preston Kennedy@BankPres·
If you live in a smaller community, would you prefer a branch of a Too Big to Fail bank focused on Wall Street, or a locally owned and managed tax-paying, wealth-creating, employer invested in the success of your Main Street? That was an option before the Great Financial Crisis of 2008, when regulatory bodies and lawmakers responded to the perilous behavior of giant financial institutions with an incredibly inappropriate reaction: They slammed the door on the formation of new community banks. The result? The systemically dangerous Too Big to Fail got bigger and riskier, while community banks are devoured by grotesquely misnamed “not-for-profit” credit unions aided by favorable tax and accounting treatment. It is past time to lower the extremely high capital requirement for de novo charters. America needs MORE community banks, not fewer.
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Blake Crow
Blake Crow@BankTaxBlake·
@DoerflerJared Agree that the sherpa might be a bit thick, but some kind of soft lining for throwing my watch in a valuables bag is a must.
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Jared Doerfler
Jared Doerfler@DoerflerJared·
Biggest takeaways on the valuables pouch. • Make it slimmer • Make sure nothing can fall out So this is what my wife whipped up today. Not married to the sherpa lining. Not sure if I love the zipper yet. Need thoughts.
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Blake Crow retweetledi
Jared Doerfler
Jared Doerfler@DoerflerJared·
Let's give this putter away. 72 lie 3 loft 1018 carbon steel rust finish Here's how to win. • Retweet this tweet. • Click the link in the next tweet below to submit your email address We will paint and shaft it before we ship it. Expect to ship it in the next two weeks. The putter will continue to patina and rust. Contest will run through Monday, 9/16 at 1:00 pm Central. Winner will be selected on Monday 9/16 by 6:00 pm. This putter is awesome.
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Jared Doerfler
Jared Doerfler@DoerflerJared·
Building a golf company? There are thousands of better business ideas. Building a golf company in rural Iowa? Maybe equally as dumb. But that is what @tylerjohnson_59 and I are trying to do in Mason City, Iowa. Why not us? I love being in the mud with Tyler, building these businesses together. But you know you are picking up a little steam when the @TheAthletic rights about the journey. The grind continues as we try to climb up the mountain - one step at a time. @BrodyAMiller wrote an awesome piece about what it's like to build a golf business in Iowa. nytimes.com/athletic/57587…
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Blake Crow
Blake Crow@BankTaxBlake·
@going_concern No idea. I just know that as a member of the anti-150 hour crowd I’d been told for years it wouldn’t change until he retired… and here we are.
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Going Concern
Going Concern@going_concern·
@BankTaxBlake 💯! What are we thinking? He wouldn't budge and they told him to GTFO?
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Going Concern
Going Concern@going_concern·
Did the Anti-150 Hour Crowd Finally Beat the AICPA Into Submission? Looks That Way Proof that if the profession can be annoying and loud enough, change is possible. Let's not celebrate just yet, they didn't straight up say 150 is dead. goingconcern.com/did-the-anti-1…
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Blake Crow
Blake Crow@BankTaxBlake·
@zachperret I’d be more than happy to. Have worked with a number of fintechs interested in learning the banking space, including some who we’ve gone on to assist in acquiring banks.
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Zachary Perret
Zachary Perret@zachperret·
I want to better understand how to analyze bank financials. Do any friends know folks who worked in research or FIG that I could hire to tutor me for an hour or two each week?
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Blake Crow
Blake Crow@BankTaxBlake·
@fortworthchris @fortworthchris I’ve worked with a number of non-traditional buyer groups / individuals on acquiring community banks (some who have actually gotten it done, many who haven’t). Happy to chat.
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