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Banking Archives |

PPP Forgiveness

I am going to harp on this on final time.  PPP Forgiveness of the loan will be deemed tax-free. However, to business owners who take the loan will not be able to write off expenses that would otherwise be deductible if they use those PPP funds to cover the cost and...

Banking

Banks always had an unusual way of doing things.  Especially growth under the control of Glass-Stegall.  The Glass–Steagall Act was a 1933 law that separated investment banking from retail banking. Investment banks organized the initial sales of stocks, called...

Venture Capitalists

A venture capitalist (VC) is a private equity investor that provides capital to companies exhibiting high growth potential in exchange for an equity stake. This could be funding startup ventures or supporting small companies that wish to expand but do not have access...

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