Despite most TV pundits loudly proclaiming over the last few years that the US economy is strong, inflation is just transitory, and capital is plentiful, they’ve finally started to admit what the average American already knew years ago—our economy is in a disastrous position. The fact of the matter is that our economy is not … Read more
As an entrepreneur, I understand the critical role that financial literacy plays in our world today, and while I’m trying to do my part to provide the information, resources, and connections to help budding entrepreneurs through my nonprofit organization, Action Zone, I also realize that I’m only a small part of a much larger equation. … Read more
By John Acosta We witnessed a surge in M&A activity in Tampa last year, as our area significantly outpaced the rest of the nation in terms of post-pandemic deal volume. According to some reports, Tampa area businesses accounted for more than $1 billion in deal activity in 2023, marking a strong showing against the previous … Read more
The board of directors of BayFirst Financial Corp. (NASDAQ: BAFN), the parent company of BayFirst National Bank, has named a new chief executive officer and a new president and chief operating officer. Thomas Zernick was named chief executive officer and Robin Oliver was named president and chief operating officer, effective January 1. Zernick was made … Read more
By Brian Carter, partner at Maudlin & Jenkins It feels great to get a high price for the sale of your home but, in some cases, the IRS may want a piece of the action. When you sell a house for more than what you paid for it, you could be subject to a capital … Read more
In an age where digital technology has revolutionized the way we manage our finances, the idea of banking locally and handling your finances face-to-face might seem outdated. From automated loan underwriting and remote deposit capture to a future that includes artificial intelligence, the way we handle our financial affairs continues to move forward at warp … Read more
TD Bank has appointed Mike Nursey, based in Tampa, as the North Florida commercial market president to support continued growth efforts in the region, which includes the greater Orlando, Tampa/St. Petersburg, Jacksonville, Gainesville, Ocala, Daytona, Lakeland and Melbourne areas. Nursey will lead a team of three regional vice presidents and oversee growth of TD’s local … Read more
Owning rental real estate can be a great way to supplement the income you receive from your regular job. Investing in rental property can generate recurring cash flow, help build long-term wealth and even capture some unique tax benefits. But, to reap all these benefits, you need to understand the rules for this type of … Read more
By H. Brian Adcock As a business leader, we are charged with making sure we lead our organizations through change. There has been plenty of change in the past few years and there is more on the immediate horizon, impacting 401(k) and 403(b) retirement plans. On December 29, 2022, Congress enacted the Secure Act 2.0, … Read more
By Owen LaFave, Pinellas County Market President, The Bank of Tampa All eyes are on the U.S. banking industry as three of the biggest bank failures in U.S. history have created a disruption in recent months. However, while these bank failures have raised concerns about the safety and soundness of the banking system, it’s important … Read more