What Deliberate Tax Management Looks Like
Tax expenses tend to be an afterthought for many small and midsized banks, but tax credits and investments are available to help banks minimize that cost. Compared to cutting budgets, divesting branches, or freezing salaries, a thoughtful and consistent approach to tax management can deliver a lower effective tax rate, says J.D. David, executive vice president of strategy and growth with KeyState. In this video, he provides an overview of how banks can craft a strategy to manage their tax expenses.
Topics discussed include:
- How Tax Management Can Pay Off
- Types of Tax Credits
- Tax Expense Strategies
JD David
JD David joined KeyState in 2024 as a Senior Executive Advisor before transitioning to a full-time position in 2025. With over three decades in financial services, he has held a variety of roles, most recently, co-founding and selling an innovative alternatives-focused marketing and communications firm. Prior to this, JD spent over 20 years managing trading desks on both the buy- and sell-side at hedge funds and investment banks. JD holds BBAs in Finance and Real Estate from Indiana University and is Series 7 and 63 licensed.