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By Staff Report / Monday, August 24th, 2020 / Central Coast, Latest news, South Coast, Technology, Tri-County Economy, West Ventura County / Comments Off on Vista Equity founder Robert Smith under tax investigation
Robert Smith, the founder of Vista Equity Partners, which counts Mindbody and LogicMonitor in its portfolio, is facing an investigation by U.S. tax authorities over his personal offshore holdings. According to reports first published in Bloomberg, then in the Financial Times and others, Smith has come under scrutiny over tax treatment of millions of dollars Read More →
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By Marissa Nall / Monday, August 24th, 2020 / Higher Education, Latest news, Small Business, South Coast, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy, Women Inc. / Comments Off on Shoonya brings online language education to preschool set
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By Staff Report / Friday, August 21st, 2020 / Central Coast, East Ventura County, Latest news, South Coast, Tri-County Economy, West Ventura County / Comments Off on Unemployment rate drops in Tri-Counties, still in double digits
Unemployment rates in Ventura, Santa Barbara and San Luis Obispo counties continued to inch downward in July, though all three remained at historically high levels in the fourth month of the coronavirus pandemic. The combined civilian unemployment rate for the tri-county area was 10.7 percent in July, according to a Business Times analysis of data Read More →
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By Guest commentary / Friday, August 21st, 2020 / Columns, Latest news / Comments Off on Giving to your family, not the IRS
By John Ambrecht For some time, I have been watching the effects of the COVID-19 crisis on federal interest rates that control estate planning options and strategies. I’ve also considered possible changes in the estate and gift tax law if Joe Biden were elected and power shifts in Washington. Make no mistake: If you have Read More →
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By Staff Report / Thursday, August 13th, 2020 / Latest news, Law & Goverment, Real Estate, South Coast, Tri-County Economy, West Ventura County / Comments Off on Charges filed in Wolfe & Associates hacking case
Felony charges were filed Aug. 12 against six people suspected of hacking into the computer networks of Wolfe & Associates, a Santa Barbara-based property management firm, as part of an unemployment insurance fraud scheme. The suspects—Gordon Alan Welteren, Nicole Michelle Milan, William Lee Gormley and Christina Renata Hesler of San Diego; David Zarate of Oxnard; Read More →
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By Staff Report / Monday, August 10th, 2020 / Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies / Comments Off on Montecito Bank & Trust reports big quarter due to PPP loans
Montecito Bank & Trust’s total net income grew more than 15 percent in the second quarter, buoyed by increases in total assets, loan growth and deposit growth, the bank announced Aug. 10. Many of the bank’s key measures grew by leaps and bounds between June 30, 2019 and June 30, 2020. Montecito Bank & Trust’s Read More →