Finance & Economy
Markets, banking, and the economic pulse of Arizona.
Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Lush nail bar
Paying part of a worker's wages in cash off the books can feel like a win for everyone, but of all the habits in this series it's the one the IRS treats most seriously. Here is why it raises concern, and why it quietly hurts your staff too.
L&N Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.
TSMC Commits Another $100 Billion to Arizona, Lifting Total Investment to $265 Billion
The chipmaker's latest commitment adds four advanced fabs in Phoenix and pushes its total Arizona investment to $265 billion, cementing the state as the nation's advanced-semiconductor hub.
Desert Ridge Bank Reports Record Small-Business Lending in Q2
A Phoenix-based bank says small-business loan volume hit an all-time high last quarter.
Portfolio Nails& Spa: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.
Old Pueblo Credit Union Surpasses $2 Billion in Assets
A Tucson credit union reached a new milestone in total assets this quarter.
Camelback Capital Partners Closes $50M Growth Fund
A Scottsdale investment firm closed a new fund aimed at Southwest expansion-stage companies.
Mesa Manufacturing Corridor Adds 400 Jobs in Six Months
New job figures show Mesa's manufacturing corridor growing faster than the statewide average.