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Is President Biden On the Right Track With His Billionaire and Business Tax Increase Plans?

CPA Practice

Moreover, passing this budget without control of Congress is a complete non-starter. At the same time, profits of corporations have surged even as (or because) they offshored millions of American jobs. These proposed tax increases can risk economic growth, make the tax code more complicated, and expand government spending.

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Spend Management is the Next Focus for Client Accounting Services

CPA Practice

Traditional manual reports also do not give SMBs the real-time visibility into spend that they need to accurately predict cash flow. This lack of visibility can have a multitude of implications for accurate cash flow reporting, including an increased risk of not closing the books on time, to unexpected non-payroll spend.