Executive Forum Goes Virtual Covering Response & Recovery During a Pandemic

Seats are perfectly aligned row by row, all facing a front table set for just a few people. Buffalo Business First drops a canvas background dotted with their logo to set the scene behind the four panelists awaiting to come out. Each seat is dressed with a pen and pad of paper and other branded… Read more »

CTBK Finance Expert Chats With Buffalo Business First on Lending Program

The Federal Reserve announced it is striving to assist small- and medium-sized businesses with its latest program: Main Street Lending. This program has been designed to help businesses that were on solid ground before the COVID-19 pandemic get back on their feet. The Federal Reserve states the Program will operate through three facilities: Main Street… Read more »

Estate Planning: How COVID-19 May Change Your Estate Tax Obligation

The individual federal lifetime estate tax exemption is at an all-time high of $11.6 million. The high lifetime exemption, coupled with lower asset prices, creates a good opportunity for owners of closely-held family businesses to execute estate plans.  Executing an estate plan can relieve families of the burden of estate taxes, align assets to ensure… Read more »

What COVID-19 Means For Privately-Held Businesses

The COVID-19 pandemic will damage the global economy and likely impact business value for the remainder of 2020. While there is no way to know how long a possible recession will last, we may consider the Great Recession as a benchmark for conditions that will prevail over the coming months. In this installment of CTBK’s… Read more »