Advice & More from Blackhawk Bank | November 2018
Happy Thanksgiving!
During this special time of year, we give thanks for our cherished customers and friends. We wish you a blessed holiday.

In celebration of Thanksgiving, we will be closed on Thursday, November 22 nd . We will re-open for normal business hours on Friday, November 23 rd .

Happy Thanksgiving!
Blackhawk Bancorp, Inc. Acquires First McHenry Corp.

Blackhawk Bancorp, Inc., holding company for Blackhawk Bank, announced the signing of a definitive merger agreement with First McHenry Corporation, parent company of First National Bank of McHenry, McHenry, Illinois, under which Blackhawk Bancorp has agreed to acquire 100% of the common stock of First McHenry.

Switching Accounting Methods Can Provide Instant Tax Savings for Manufacturers
As a manufacturer or distributor, you probably determine taxable income using the accrual method of accounting, but switching accounting methods from accrual to cash basis provides tax savings. In the past, anyone with inventory was generally required to file tax returns under the accrual method.  The Tax Cuts and Jobs Act changed this requirement in 2018!  


Tips to Get Your House Ready for Winter

Single-digit temperatures and freezing water can wreak havoc on your house and yard. According to the insurance provider Munich Re, winter weather caused $1 billion in insured losses in 2016. It didn’t have to. There's money to be saved and calamity to be avoided by addressing problem spots in and around your home.

'OUCH!' The Security Awareness Newsletter
Am I Hacked?
Just like driving a car, sooner or later you may have an accident no matter how secure you are online. The sooner you identify something bad has happened, the more likely you can fix the problem.

 Beloit & Janesville WI | Roscoe, Machesney Park, Rockford, Belvidere & Elgin, IL
800.209.2616 | www.blackhawkbank.com