TOGETHER.SHAPING THE FUTURE.Welcome to Citizens State Bank’s fi rst E-Newsletter of 2018. I hope you are off to a profi table start to the year. In this newsletter, you will fi nd articles that have timely information regarding retirement contributions that can still be made in 2018 (for 2017), W-2 phishing scams and the new rules for bonus depreciation.Speaking of tax issues, we would like to invite you to a seminar that CSB will be holding on Tuesday, March 27th to share more information about the Tax Cuts and Jobs Act (TCJA) that was recently passed. Please see the registration information at the end of this newsletter.

CSB Upcoming Events

2018 Tax Reform: What Does it Mean for You?Please join us for this one hour seminar to learn more!The United States recently enacted the most comprehensive tax reform in more than 30 years. The recently passed Tax Cuts and Jobs Act (TCJA) signifi cantly changes the landscape for individuals and business beginning January 1, 2018 and continuing for many years to come. For many taxpayers, the changes made by the legislation present a host of tax planning challenges and opportunities going forward.

When: Tuesday, March 27, 2018Time: 7:00-7:30 a.m. Breakfast and Networking; program from 7:30-8:30 a.m.Place: Citizens State Bank, HudsonRegistration: Call CSB at 715.386.9050 to register.

Quarterly Blood DrivesCSB will be hosting quarterly blood drives at their Hudson branch this year. We welcome you, your employees, and the community to donate blood to support the American Red Cross.Walk-ins are welcome! Or, schedule an appointment at https://www.redcrossblood.org/rcbmo-bile/drive/chooseDonationTime.jsp

When: Friday March 16th and Friday June 22nd (3rd and 4th quarter TBD)Time: 10:00 a.m. - 4:00 p.m.Place: Citizens State Bank, 375 Stageline Road, Hudson

5 convenient locations:

Hudson375 Stageline Rd.(715) 386-9050

Elmwood104 North Main St.

(715) 639-5411

Menomonie1602 North Broadway

(715) 235-3164

Roberts500 West Boulevard

(715) 749-3701

Woodville140 South Main St.

(715) 698-2411

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Citizens State Bank

NewsletterSpring 2018

Visit us online at www.csbnet.net

When: Friday March 16th and Friday June 22nd (3rd and 4th quarter TBD)Time: 10:00 a.m. - 4:00 p.m.Place: Citizens State Bank, 375 Stageline Road, Hudson

Disclaimer of Liability

The content in this e-newsletter is being provided for general information only and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fi tness for a particular purpose.

BUSINESS OWNERS: BRUSH UP ON BONUS DEPRECIATIONBusiness owners who go shopping for company assets this year should brush up on the enhanced bonus depreciation tax breaks created under the Tax Cuts and Jobs Act passed late last year. This article explains how the rules diff er under previous tax law and the new one.Read the full article by clicking on the link under this newsletter on our website.

HEED THE WARNING SIGNS OF W-2 PHISHING SCAMSA growing number of businesses have been victimized by W-2 phishing scams by which criminals trick business owners or employees into divulging sensitive personal data. This article explores how the crime works and what employers can do to stop it. Read the full article by clicking on the link under this newsletter on our website.

MAKING 2017 RETIREMENT PLAN CONTRIBUTIONS IN 2018The clock is ticking down to the tax fi ling deadline. The good news is that individuals may still be able to save on their impending 2017 tax bills by making contributions to certain retirement plans. This article looks at deadlines, limits and phaseout ranges for traditional and Roth IRAs, while also noting some important info about SEPs. Read the full article by clicking on the link under this newsletter on our website.

Customer ProfileOur partnership with SourceCut Industries, Inc.

Based in Osseo, Wisconsin near Eau Claire, SourceCut Industries, Inc., is a leading manufacturer of wood products serving the cabinet/casegood, architectural millwork, window/door and fi xture/display industries. By the grace of God, the company has been family owned and operated since 1999 and currently employs 90 people.

Over the last 19 years, the company has seen some ups and downs in business, as have most businesses. What Owner Brad Wiedenhoeft appreciates the most about his relationship with Citizens State Bank is that they have been through every step of the adventure with him. There is a mutual trust between Brad and several of the bankers, and he also appreciates the open communication that a community bank aff ords him. Brad appreciates how genuine Shawn Tyler, Sr. Vice President & Chief Credit Offi cer, is and his sincere interest in the business. When asked if there was anything that CSB might want to do that they’re currently not doing, Brad mentioned that they should consider giving out free samples... he might be on to something there!

To learn more about SourceCut Industries, visit their website at www.sourcecut.com or call (715) 597-6525.

Contact one of our business lenders to discover what we can do your for your business.