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Tax Reform Shows Early Signs Of SMB Bank Lending Impact

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tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative.

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Egypt Eyes eInvoicing To Modernize Public Procurement

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Egypt is readying an electronic invoicing mandate for consumers to pay their taxes, an initiative that reports said will eventually expand to standardize invoicing in government procurement processes. Reports in Zawya on Monday (Dec. Reports in Zawya on Monday (Dec.

Taxes 130
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Despite Plenty Of Concerns, SMB Optimism Holds Fast

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Small business owners have a lot on their plates today and, depending on who one asks, top concerns range from taxes to late invoice payments. Luckily, research from Bank of America, Wells Fargo, Capital One and others often point to one thing: Despite the challenges, small businesses are optimistic. Eighty-one percent of U.S.

Taxes 105
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The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur

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National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and finance experts are celebrating with new data on the state of the entrepreneurial community.

Taxes 144
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Small Business Optimism Rises To Historic Highs

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According to the National Federation of Independent Business ( NFIB ), six factors in the Small Business Optimism Index improved, three were unchanged, and one fell. Capital spending plans increased along with actual outlays, while expectations for sales, business conditions, and expansion all saw a boost. “The

Capital 102
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GE Accounting Lands In SEC Crosshairs

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billion tax charge related to the nation’s recent tax reform. The company also said that its financing unit, GE Capital, will make up for the $15 billion cost of its insurance operations by making statutory reserve contributions over the course of seven years.

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Asure Merger Consolidates Payroll Market

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Furthermore, USA Payroll provides customers with payroll and tax services, timekeeping, third-party administration and other back-office services. Financial terms of the acquisition were not disclosed, but Asure said it has revised its 2018 financial outlook. The tool helps businesses mitigate payroll compliance risk.

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