The Tax Cuts and Jobs Act of 2017

by RaeAnne Marsh

The Tax Cuts and Jobs Act was passed in December. As with any law, there are the specified rules and regulations that are written into it as well as impact that extends from those rules and regulations. But Austin Graff, an accountant with Schwartzer Tax and Accounting, notes the key effects of the Tax Cuts… [More]

Money, the Final ‘Off Limits’ Topic

by George Grombacher

Religion and politics used to be the “off limits” topics around polite company, but now a visit to Facebook suggests Americans are more than comfortable with those subjects. Two subjects that have also remained off limits until recently are sex and money. The #MeToo movement that started in Hollywood has opened the door to conversations… [More]

How Firms Manipulate Numbers for Market Gain

by Ken Beckrich

Businesses constantly hear that, to succeed when selecting partners, they need to do their homework. But what if the financials they review don’t really reflect reality? How does a firm make good decisions when it comes to their money? Or, maybe more importantly, how do businesses know the real strength of the firms they’re intending… [More]

Putting the ‘Why’ in Personal Finance

by George Grombacher

Alignment is a simple idea that can add 5 percent to a business’s top line and will have implications not before considered. People seek a purpose-driven life. A successful organization can help provide that through aligning the organization’s purpose from the CEO to every employee. An important aspect of alignment involves helping employees recognize the… [More]

Banking: Addressing Challenges to Meet Business’s Needs

by RaeAnne Marsh

The banker in Frank Capra’s classic It’s a Wonderful Life may be idealized, but it is nonetheless true that banking is the core on which the business community rests. Bankers’ decisions impact business; what is impacting their business — and the decisions they are making for their own and everyone else’s business? Local bankers share… [More]

Credit Card: Use Business or Personal? 

by Jerry Ernst

When a small business needs fast money, it’s easy to whip out a credit card to make the purchase. Every entrepreneur relies on them. Why not, when they’re convenient and easy to manage? But the line between personal and business credit can be blurry. When is it appropriate to open a business credit card, versus… [More]

Common-Sense Income Strategies

by Mike Hunter

The subtitle may well be Common-Sense, Purpose-Based Investing for Your Retirement with Steps and Strategies to Help You. This book begins with the idea that when we reach the age of 50, we need to change from a portfolio filled with stocks and growth investment strategies to step-by-step strategies to build out our retirement income.… [More]

Protect Against the Top Three Financial Scams in Arizona

by Robert Gibboni

The typical business loses 5 percent of its annual revenue to fraud, according to the Association of Certified Fraud Examiners. Financial statement fraud causes the greatest median loss, with an average of $975,000 per scheme. As a financial institution concerned with protecting our customers from scams, we bring experience in identifying scams and preventing being… [More]

Banking on Your Business

by RaeAnne Marsh

Tales of usurers make for enduring literature (Shakespeare’s Merchant of Venice is a notable example), but it’s an indisputable fact that commerce would not exist without reputable financial institutions and loan opportunity. Of course, banking has evolved to be much more than a lending resource. For instance, as Toby Day, chairman of the Arizona Bankers Association… [More]

Diversity Trends in Small Business Investing

by U.S. Small Business Administration

Maria Contreras-Sweet, administrator of the U.S. Small Business Administration and the voice of small business on President Obama’s Cabinet, last month heralded the release of “Measuring the Representation of Women and Minorities in the SBIC Program,” a groundbreaking SBA study showing the racial and gender makeup of investment boards is tied directly to investment decisions they… [More]