Banking & Finance

Tax season presents steeper learning curve

Spokane-area preparers challenged by changes

March 14, 2019

This tax season, the first since the Tax Cuts and Jobs Act went into effect, is raising the learning curve for both taxpayers and tax preparers, Spokane accountants say.

Tax change impact on Spokane nonprofits still unclear

Smaller nonprofits expected to be hit harder, though trends aren't as clear in Spokane area

March 14, 2019

Natasha Nellis

A panic spread through nonprofits in the Inland Northwest and elsewhere last year after federal tax changes were enacted. The concern: charitable giving would decrease and hamper the organizations' budgets.

Horizon Credit Union to construct new branch

Stand-alone building will replace office on lower South Hill

February 28, 2019

Alla Drokina

Spokane Valley-based Horizon Credit Union plans to construct a stand-alone branch in at 613 S. Washington, on the lower South Hill, with a smaller, but more efficient space than at its current branch in a 25,000-square-foot multitenant building

Banner Bank plans new retail plaza in Spokane Valley

Company is demolishing four buildings to make way for new project

February 28, 2019

Natasha Nellis

Walla Walla, Wash.-based Banner Bank plans to demolish four structures and build a new branch this year on 4.3 acres of land it owns at the northeast corner of Argonne Road and Sprague Avenue, in Spokane Valley.

Icons Dave Clack: An accidental but beneficial career in banking

Former Old National Bank exec played role in creation of U District

February 28, 2019

Kim Crompton

Looking back on the high points from a career spanning more than four decades that has earned him broad praise in business and civic leadership circles here, Spokane's David A. Clack seems uneasy dwelling on personal achievements.

odd Radwick, president of Radwick Financial Group LLC, of Winthrop, Wash., is an insurance and financial adviser. He can be reached at 509.996.3425 and at todd@radwickfinancial.com

Roth investing could curb future tax exposure

Fixed versus ARM loan analogy helps to decide

February 14, 2019

Todd Radwick

Do you have, or are you considering using a traditional or Roth Individual Retirement Account or 401(k) to help fund your retirement? Do you ever wonder which is best or makes the right sense for you? Is it better to go with the Roth concept and make

Bear market might not be finished with its hibernation

Adviser asserts negative 'chatter' just distraction

January 31, 2019

Ron Benzel

We're dealing with a number of issues, including computer generated algorithms, bearish rhetoric, political discourse, and of course trade issues-primarily with China.

Most investors don't know what they pay for funds

Being more selective can improve returns

January 31, 2019

Chris Malde

If you were asked to make a purchase for a friend, one of the first questions they would undoubtedly pose upon delivery is, 'How much did you pay for it?â€ This is a reasonable question given that most consumers want to ensure they're getting

Hart Capital moves Spokane office to larger space

Financial advisory takes space in RLH Building

January 31, 2019

Alla Drokina

Independent financial advisory firm Hart Capital Management Inc. has moved to recently upgraded office space with onsite parking on the third floor of the RLH Building, on the periphery of downtown Spokane, at 201 W. North River Drive.

Recruiting tax expertise to help with health plans

Insurance agency hires tax professional to help with subsidies, rebates

January 31, 2019

Natasha Nellis

Robert Welk, licensed insurance broker and owner of Mead-based Welk Security & Trust, says it's no longer enough for employers to choose health insurance plans perfunctorily.