named programs · 3 · from sources
What they call their work
Fall Tax Day
Annual all-day event in New York City featuring sessions on fiduciary tax topics, including AI in tax, digital assets estate planning, and federal tax authority updates, with handouts and a cocktail reception
Spring Tax Day
Annual educational event offering courses on trust document review, state situs rules, irrevocable trusts, PFIC taxation, generation-skipping tax filings, and Form 1042 reporting
Tax Education Courses
Specialized training programs on topics including ethics in tax advice, estate planning for artists and collectors, SECURE 2.0, and digital asset broker reporting regulations
activities · 3 groups
What they do
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Professional Education and Certification for Financial and Estate Planners 4 activities
- Conducts specialized tax training seminars and courses on current issuesOrganizes two to three training sessions annually focused on current taxation issues for employees of member financial institutions, including courses on PFIC taxation, irrevocable trusts, digital asset reporting, SECURE 2.0, foreign trusts, and other specialized topics announced for 2024 and 2025.
- Makes educational handouts and materials from tax events available to membersProduces and distributes handouts from Spring and Fall Tax Days, Tax Training Seminars, and other CBIT events, including the FATCA Tax Conference, and makes them available online for member access.
- Offers continuing professional education (CPE and CLE) programs for tax professionalsProvides qualified educational sessions and courses that help tax professionals meet annual CPE and New York CLE requirements, including through events such as Spring and Fall Tax Days and specialized training seminars.
- Organizes annual Spring and Fall Tax Days with expert presentations and discussionsHosts all-day educational events each spring and fall featuring sessions on current tax topics, expert presentations, and participation by government representatives, with sessions running from 8:45 AM to 4:30 PM. These events include lunch and a cocktail reception for attendees.
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Professional Membership and Association Benefits 1 activity
- Facilitates member participation in educational events through registration policiesAllows member institutions to send substitute attendees in place of named representatives, up to the number of memberships held, and offers discounted registration and fee waivers for presenters.
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Member-Exclusive Resource Access 1 activity
- Maintains and disseminates a collection of tax-related documents and resourcesCurates and provides access to a repository of documents from past CBIT events, supporting ongoing learning and reference for members.
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financials · form 990EZ · fy2024
revenue
Total revenue$13K
Contributions & grants——
Program service revenue——
Investment income$70%
Other revenue—
expenses
Total expenses$29K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits—
Grants paid out$24K
Largest expense lineCompensation
balance sheet
Total assets$67K
Cash$71K
Investments$0
Liabilities$0
Net assets$67K
Liquid reserves29.5 mo
6 years on record · 2019–2024 · YoY revenue +53.1%
relationships · 17
Who they work with
- AICPA Partner — Liaison role held by Shawn Hanlon
- American Bankers Association Partner — Liaison role held by Scott J. Crafton
- American Bar Association Partner — Liaison role currently vacant
- Banking Institutions Network — Membership organization composed of banking institutions focused on tax matters.
- CBIT Education, Inc Network — CBIT coordinates event payments and admissions with CBIT Education, Inc, indicating an organizational affiliation.
- CBIT Education, Inc. Network — Sister organization focused on educational initiatives related to taxation for banking institutions.
- CBIT Education, Inc. Partner — Co-presented the Fall Tax Day event with the Committee of Banking Institutions on Taxation.
- CBIT Education, Inc. Partner — Co-presents and supports educational events such as the Spring Tax Day.
- CBIT Education, Inc. Partner — Co-presents the Spring Tax Day event.
- Committee of Banking Institutions on Taxation Partner — CBIT Education, Inc. operates as the educational arm of the Committee of Banking Institutions on Taxation.
- Government Representatives Government — Participate in CBIT's Spring and Fall Tax Days to present and discuss current tax issues.
- Institute of International Bankers Partner — Liaison role currently open
- KPMG Partner — Employer of the Vice-Chairman/Secretary, Michael Macero
- New York Bankers Association Partner — Liaison role held by Adam S. Rosenberg
- O'Donnell Tax Services Partner — Employer of the Treasurer, Paul O'Donnell
- Thomson Reuters Partner — Employer of the Chairman, John Lebron
- Thomson Reuters Onesource Trust Tax Partner — Employer of the CBIT Chairman, indicating organizational affiliation and leadership role within CBIT.
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Clearinghouse for Tax Administration Informationmethodology: clearinghouse_modelBy acting as a centralized forum for discussion and information sharing on tax administration, we improve collective understanding and consistency across institutions because structured facilitation of member dialogue enables more coherent interpretation and implementation of tax policy.
- Professional Education and Knowledge Exchange Networkmethodology: professional-education-networkBy providing specialized tax and compliance education and facilitating structured dialogue among banking professionals, we enhance institutional expertise and adaptive capacity to evolving tax regulations because shared learning and timely knowledge dissemination improve regulatory responsiveness and professional competence.