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Latest News

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Withdrawal rules are intricate for inherited IRAs

Some penalties waived through 2023 for vague parts of SECURE acts
November 9, 2023
Jon Heideman

Inherited-beneficiary individual retirement accounts are typically an emotional topic. Generally, they represent diligent savings from a loved one who has passed away, and you have now inherited an IRA or 401(k) from them since you were named the beneficiary on the account.


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Adding adult children to accounts can be problematic

Power of attorney can serve intended purpose
November 9, 2023
Beau Ruff

Many of us choose to put a child’s name on the account. And we choose the most responsible child to handle that duty. This plan is fraught with potential problems, but the good news is that a better solution exists.


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Adviser AI: Technology’s role in financial management

Machine learning expected to assist, not threaten, say INW investment managers
November 9, 2023
Dylan Harris

As artificial intelligence technology continues to evolve, it’s expected to improve efficiency for financial advisers, allowing them more time to build relationships with their clients, some advisers here say.


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Historic buildings face hurdles for energy-law compliance

Some older structures may qualify for exemptions under Commerce’s rules
November 9, 2023
Erica Bullock

Historic building owners may find there are additional challenges to meet Washington state’s upcoming energy-performance standards that nonhistorical building owners won’t have to contend with.


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Key Tronic lays off over 100 workers companywide

Lapse viewed as short term by manufacturer, analyst
November 9, 2023
Karina Elias

Spokane Valley-based Key Tronic Corp. has reported a reduction in workforce of over 100 employees in the U.S. and Mexico in its recently released earnings report for the first quarter of its 2024 fiscal year.


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Collaboration takes center stage in Spokane tourism industry

PFD, Visit Spokane, sports commission work together to propel economic growth
November 9, 2023
Erica Bullock

Three Spokane-based organizations that operate as economic drivers in the community have set aside their once competitive policies to adopt a new combined strategic plan to be publicly announced in the spring.


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Purcell Systems parent to close Spokane Valley plant

Company notifies state it will lay off 77 workers
November 9, 2023
Mike McLean

Global energy systems and technology provider EnerSys plans to close its plant here and lay off 77 people.


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Providence names division chief of primary care

Dr. Trace Julsen will oversee nine clinics in Spokane County
October 26, 2023
Dylan Harris
Dr. Trace Julsen wears several different hats in the Inland Northwest's health care field. Most recently, the Eagle River, Alaska native was named division chief of primary care for Providence Medical Group.
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Karina Elias

Maddie's Place finishes remodel, mulls expansion

Nonprofit signs option to purchase acre of land
October 26, 2023
Karina Elias
With renovations on 2,000 square feet of space at Spokane-based Maddie's Place completed last month, the nonprofit neonatal transitional care facility in the South Perry District now is considering an expansion, says Shaun Cross, CEO and president of
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Giving appreciated stock can have tax benefits

Donor-advised funds strategy can enable multiyear deductions
October 26, 2023
Beau Ruff
Giving appreciated stock in a company might be the right path for a business owner who is looking toward selling interest in a business with an inclination toward charitable giving and a desire to save money on taxes. For an explanation based on an
Read More
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