Tax Brackets for LLCs

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When you operate an LLC, comprehension of tax brackets is vital to managing your tax liability effectively. LLCs enjoy a pass-through taxation structure, meaning profits are taxed on your personal tax return. For the 2025 tax year, federal income tax rates range from 10% to 37%, depending on your income level. Furthermore, state taxes can […]

Court revives lawyer’s fraud claim against Bank of Nova Scotia

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The draft turned out to be counterfeit. The bank charged back the full $265,900 to his trust account, along with fees, leaving it more than $84,000 in the negative before he replenished the funds.  The lawyer alleged a bank employee assured him the draft was legitimate and safe to act on before he wired the […]

Fashion IPOs Became a Recipe for Disaster. Reformation Thinks Its Business Model Can Break the Curse

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Reformation’s IPO shows investors may be willing to buy fashion again, but only if the story comes with profits, cash flow, and proof customers keep coming back.

Lightspeed’s Revenue up 5.8% and other Digital Transactions News briefs from 7/30/26 – Digital Transactions

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Digital Transactions News staff July 30, 2026 Acquiring, Competitive Strategies, Point-of-sale, Transaction Processing Point-of-sale platform Lightspeed Commerce Inc. narrowed its first-quarter loss to $2.4 million from $49.6 million a year prior. Lightspeed reported its fiscal first quarter earnings ended June 30 with $322.7 million in revenue, up 5.8% from $305 […]

Why large-cap funds are losing their alpha edge post-2010: Key factors behind decline and what investors should do

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Active large-cap mutual funds are designed to give fund managers the flexibility to generate “alpha” returns above the benchmark index through stock selection and portfolio management strategies. However, over the years, the gap between large-cap funds and the Nifty 50 TRI has narrowed, raising questions about the category’s ability to consistently outperform its benchmark. So, […]

Banks fear SEC rule may limit access to capital markets

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Key takeaway: Banking trade groups are urging the Securities and Exchange Commission not to change Form S-3 eligibility rules, arguing that the proposed restrictions would disproportionately harm banks versus other publicly reporting companies. Expert quote: “The proposed expansion and escalation of the consequences associated with ‘ineligible issuer’ status would introduce a significantly more severe restriction […]

Unlocking the Invisible Prime Borrower

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Unlocking the Invisible Prime Borrower

ITR deadline today: What happens if you don’t file your return by 31 July? Check penalties, interest, other consequences

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With the July 31 income tax return (ITR) deadline set for today, the return filing season has entered its final phase. More than 5 crore ITRs had been filed until Thursday, reflecting a sharp surge in taxpayer activity as individuals rush to complete the process before the due date to avoid penalties. Taxpayers who fail […]

SK Hynix, Samsung stocks: AI rally roars back

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Omar Marques | Lightrocket | Getty Images South Korea’s chip heavyweights SK Hynix and Samsung Electronics skyrocketed in Seoul on Friday, tracking a sharp rally in U.S. technology stocks after blockbuster earnings from Amazon and Microsoft revived optimism around artificial intelligence spending. SK Hynix was last trading over 25% higher, putting it on course for […]

Chicago/Midwest People & Company News, week of July 31, 2026

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JLL announced key leadership appointments within its asset management services team as a global offering under value and risk advisory, part of the firm’s capital markets services. Katie Hynard, appointed global lead earlier this year, is leading the strategy and direction for the platform with a focus on building out the offering across all key markets. Nathan Zinn joined JLL as lead […]