Toast, Inc. is a technology company which allows restaurants to handle in-person, online, and mobile app payments. They plan to raise $100 million in their upcoming initial public offering (IPO). They filed for their initial public offering last Friday with the SEC and could end up with a … Read More
U.S. small businesses are still able to apply for the federal pandemic stimulus program. According to SBA Administrator, Isabella Casillas Guzman, “We still have billions of dollars in relief in our COVID idle program.” Guzman served as the Director of the California Office of the Small Business Advocate before … Read More
What are MWVBEs? In conjunction with the popular Wall Street underwriters, Goldman Sachs and JPMorgan Chase, 4 minority-owned firms joined the IPO party for the highly anticipated Robinhood public offering that occurred last month. Ramirez & Co. and Siebert Williams Shanks were 2 of the 4 underwriters classified as … Read More
The "17 Words" That Prove QSBS Is UNTOUCHED by Tax Hike In the depths of the 107 page document titled, General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals, released by the Department of the Treasury in May of 2021, you can find a simple statement that … Read More
Allbirds is a popular footwear company which manufactures shoes out of sustainable, natural products like merino wool and eucalyptus trees. The child of a New Zealand native, Tim Brown, and renewables expert, Joey Zwillinger, the company puts “sustainability” front and center in all of their campaigns. According to … Read More
The state of the Main Street economy as it tries to completely recover is dragging on business owners across the country. Nearly one-third say they have open positions that have been unfilled for at least three months. As a result of this labor situation, 41% of small … Read More
Virgin Atlantic Airways, Ltd. is considering a public offering in London. According to an unknown affiliate, executives have been meeting with bankers and possible investors and could disclose the company's plans for an IPO as early as fall. This recovery marks another fantastic win for an industry … Read More
States are Deciding to Lower Taxes As states recover from the pandemic economy, many are looking for ways to improve quality of living and incentivize both taxpayers and businesses to call their state home. Out of the 50, 11 states have already passed legislation to lower state taxes … Read More
American investors in the top tax bracket currently pay a rate of 23.8% on the capital gains of long term stock. This rate is significantly lower than what these same taxpayers owe for their regular income tax— which incentivizes investors to hold stock for at least one … Read More
High-Risk and High-Reward Surrounding Small Businesses As weekly IPO records are reported and the looming tax hike for capital gains rates is debated, investors are turning more and more to small businesses for a high-risk, high-reward financial strategy. We’ve seen a staggering bounce-back from the pandemic with more … Read More