Cash flow is the lifeblood of any business, no matter the industry or company size. However, as economic headwinds and supply chain woes challenge the bottom line for both Main Street and Wall Street businesses alike, owners are facing significant financial frictions hindering business growth. Unfortunately, small and mid-sized businesses (SMBs) are especially constrained financially, as many SMBs in America remain underbanked or unbanked while inflationary pressures continue to mount and impede profitability.
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Instead of a final resolution on America’s borrowing ability, the enacted bill provides a two-year window for the Treasury Department to borrow – as needed – funds to pay the nation’s already more than $31 trillion of debt. When January 2025 arrives, a new session of Congress will face the deferred problem. Until then, according to the Congressional Budget Office, cutbacks on discretionary spending would result in a drop in projected budget deficits of about $4.8 trillion over the next decade, and a savings of $0.5 trillion in interest.
The IRS is exploring a direct e-file system for tax returns. However, some believe the system would bring undue harm to historically marginalized communities – including Black and low-income taxpayers – based on recent reports concerning IRS enforcement actions.
Approximately 3 million temporary and contract workers are hired each year in the U.S., and managers have long relied on temps to keep their businesses humming. How can they make the most of this layer of cover and support?
Will vs. Trust: Cost, Process and Uses
A diverse caucus of the nation’s oldest and largest Civil Rights organizations have come together, with one voice, to make a simple demand of the U.S. Federal Communications Commission: Hold a full commission vote on Standard General’s acquisition of TEGNA.
The Alan B. Levan | NSU Broward Center of Innovation (Levan Center of Innovation) hosted the inaugural Orbit Innovation Awards on April 27. The event, celebrating the one-year anniversary of the Levan Center’s grand opening, honored innovators, entrepreneurs, companies, startups, and others who have made an impact on the South Florida innovation ecosystem.
By Alberto Arellano Elon Musk has announced he will step down as the CEO from Twitter as his new successor will take over the day-to-day operations…
Intangible assets have long existed — rights such as copyrights, leases and government subsidies — but other electronic properties are gaining recognition, too. Intangibles run a wide spectrum, from patents and trademarks to less visible concepts like culture and networking or to even more latent infrastructure, such as industry protocols, standards or trusts.
A Black-owned private equity firm accused AT&T Inc. of discrimination for rejecting a $4.6 billion bid in 2019 for a majority stake in the Cricket Wireless business.