This note is for the personal tax planning of our clients and friends. With the passage of the new tax law, the interest expense you pay on any home equity line of credit (“HELOC”) is no longer deductible on your federal return. However you can carry up to...
Some say it’s downhill from here: “U.S. CFOs, on average, believe there is a 31% chance that the U.S. economy will be in recession by year-end 2016… That percentage is double the 16% who thought so just 10 months ago.” Source: Duke...
CFO Magazine reported recently that federal banking regulators last month published revised and final guidance for financial institutions that originate leveraged loans, as part of an effort to rein in aggressive underwriting of the instruments that underpin many...
There was a lot of press in late February when the Obama administration announced stress test of the largest banks in the TARP program, to see if they were worthy of additional assistance. Today the press talk is about how much of the results of those tests will be...
Let's build a business fairy tale together. Let's construct a hypothetical business model for making lots of money while keeping our risk as low as possible. We'll pick a new series of products that have very high returns. We know traditionally such...
