Is Business Loan Interest Tax Deductible?
Published: 04/14/2023
Business loan interest can be tax deductible, but only in certain circumstances. Read on to learn more about different loan and financing options and the instances in which you can or cannot deduct loan interest.
March 2023 Market Insights
Published: 03/31/2023
Recent economic data has been somewhat confusing and paints a mixed picture of the domestic economy. The Commerce Department reported that the U.S. economy grew, in real terms, at an annualized rate of 2.7% in the fourth quarter of 2022. That represents a deceleration from a 3.2% increase in the prior quarter (3Q). Despite this slowdown, inflation pressures remain strong. The Personal Consumption Price index, the Federal Reserve preferred inflation measurement, rose 0.6% in January (the most recent measure), which means inflation accelerated from a 0.2% increase in December. The core PCE rate, which excludes volatile food and energy, rose by 0.6% in January.
Idaho Trust Bank hires David C. Cooper as Chief of Trust & Investment Administration
Published: 03/22/2023
David C. Cooper, JD, CFP, CTFA, has been named Chief of Trust & Investment Administration for Idaho Trust Bank and will lead the bank's team of Trust Officers and Trust Administrators.
Idaho Trust Bank Promotes Jen Magers
Published: 03/10/2023
Idaho Trust Bank has promoted Jen Magers to Trust & Investment Officer in the Coeur d'Alene branch.
Idaho Trust Bank Welcomes Theresa Kethler
Published: 03/07/2023
Kethler brings a wealth of experience to the Personal Banking team