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President Trump suggested that New Delhi was ready to charge the United States "no tariff." India's foreign minister said that the two countries were still negotiating.
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Fintech and software-focused private equity house Nexa Equity has taken just six months to raise more than $390m for the hard cap close of its sophomore fund.
The post Software investor Nexa Equity races to $390m hard cap close for second fund appeared first on AltAssets Private Equity News.
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They Paid $3,500 for Apple's Vision Pro. A Year Later, It Still Hurts. WSJApple Vision Pro Price Guessed Incorrectly Multiple Times On ‘The Price Is Right' Show For The 256GB Version, Despite The Headset Garnering Massive Attention Worldwide WccftechMacworld Podcast: State of the visionOS and Apple Vision Pro MacworldApple Vision Pro one year later: the $3,500 headset that still divides tech users in 2025 Journée Mondiale
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There's no way to sugarcoat this: Small and midsize businesses should be scared to death about the consequences of the Inflation Reduction Act. Unless they provide goods and services to the green energy industry, the law's unforeseen consequences could increase their operating expenses in two ways. Here's what to expect — and how to prepare.
SEE MORE Audit-Proof Your Small Business
The Inflation Reduction Act is essentially a climate change law with some health care benefits. While the new legislation doesn't include any direct tax increases on small and midsize businesses, some of its provisions have the potential to raise costs for these companies significantly.
First Reason Why Cost of Business Could Be Going Up
For one, your chances of being audited may be going up. The new bill substantially expands the Internal Revenue Service's budget: More than half of the $80 billion increase in the IRS budget over 10 years will be used to beef up enforcement through new technology and new hires. That means more audits for companies that are the least able to financially manage them. I worry for businesses that gross $5 million or less since they usually don't have excess funds to pay a lawyer $50,000 to fight the IRS if their matter proceeds to court.
In a letter to the Senate, the agency's commissioner said, "These resources are absolutely not about increasing audit scrutiny on small businesses or middle-income Americans." Even so, with the hire of new auditors, it's likely that people with little or
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