This question still comes up regularly. Should we lease or buy the equipment we will need next year? About half the time the questioner is actually asking which method is least costly. So here’s the answer. The answer will ALWAYS be: Leasing is more expensive....
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...
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...
The February 1 Wall Street Journal (today’s) carries a front page article (“When the Home Bank Closes”) about the founder of a startup company that has no financing, has garnered huge potential orders for his products, but is inconvenienced by the...
"…three out of four small businesses that applied to banks for credit in 2010 got none or only some of the amount they asked for; half were rejected outright." That quote comes from a study conducted by the New York Fed and published as part of a...
