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We’re All In Small Business Grant

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Christin Biermeier

The Wisconsin Economic Development Corporation (WEDC) will issue 30,000 grants of $2,500 to Wisconsin small businesses to help them get back on their feet amid disruptions caused by the COVID-19 pandemic.

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Close-up of a person organizing stacks of coins while using a calculator, symbolizing financial planning, interest expense allocation, and tax-related decision-making.

Deductibility of Interest

Not all interest that an individual pays is deductible. The rules for deducting interest vary, depending on whether the loan proceeds are used for personal, investment, or business activities.  

11/26/2024