Jude Overo

𝐓𝐇𝐄 𝐂𝐎𝐔𝐑𝐓𝐑𝐎𝐎𝐌 𝐕𝐎𝐈𝐂𝐄𝐒 𝐕𝐎𝐈𝐂𝐄 - 𝟒 𝗬𝗼𝘂𝗧𝘂𝗯𝗲 𝗟𝗶𝗻𝗸: https://lnkd.in/g8J2EDHB In this 4th voice, The Voice of the Courtroom, Can the Income tax Department adjust the refund due to CD against demands for which a claim has already been filed. We delve into the complexities of income tax dues during CIRP and Liquidation in this latest NCLAT judgment. #aaagroup #aaavaluation #valuation #Incometax #finance #lawyers

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Most companies are never informed when a third party reviews their business credit since there are NO regulations that require authorization.  Anyone can pull credit, review it, and make decisions about your firm that could cause a negative consequence and loss of potential or existing profits.  Taking the initiative to begin building their business credit profiles as soon as they register their business and maintaining positive payment history daily or improving challenged credit can help to maintain a good impression to the viewer.

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Business owners are always searching for an edge to help them maximize growth and business value. Our latest guest Marc Adams wrote the book “Secrets To 10Xing Your Business: And Cashing Out Tax-Free” on secrets to increasing your business multiple. Today, Marc joins the show to share how he empowers business owners to tap into new revenue streams, optimize operational efficiency, and elevate brand awareness. From digital marketing mastery to harnessing the power of social media and executing seamless acquisitions, Marc offers actionable tactics to drive growth. KEY TAKEAWAYS -Discover some ways to identify and capitalize on new revenue streams within your business. -Marc dives into examples of entrepreneurs he has helped in the past. -Learn who should be on your team as you prepare your business for sale. -One of the ways to help 10x your business according to Marc’s book is strategic acquisitions. We will discuss some specific examples of this. https://lnkd.in/eE_vc7TW #exitplanning #sellingyourbusiness #entrepreneurship #growthdrivers ‍‍‍‍‍‍‍

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If you are one of the 1.4 million SMBs waiting for your ERC tax refund, here is a good read: In an effort to provide ‘facts' versus ‘perception,’ Economic Recovery Center worked with several legal and tax firms to break down the real numbers behind the ERTC program (see statistics below). We’ve also broken down the data from a recent IRS update regarding processing Employee Retention Tax Credit (ERTC) submissions and their ongoing challenges. IRS Update As you may be aware, the IRS enacted an internal IRS moratorium on processing 'newly submitted’ ERTC claims on September 14, 2023. Their stated intent was to refine and focus on processing the large number of claims received before the moratorium was enacted. Unfortunately, the IRS did not allocate its resources appropriately. Instead of providing the IRS time to catch up, the moratorium has resulted in significantly increased processing times for claims - even for those submitted before the moratorium. This past week, the IRS announced that they anticipate ‘some' of the first payments to go out later this summer. However, they emphasized their structural challenges and that processing claims moving forward will be slower than during the pandemic. They further stated that the oldest ‘pre-moratorium’ claims would be processed first while making no comment when claims submitted after the moratorium would be processed. While the IRS initially stated the moratorium would be lifted at the end of 2023, they later moved the date to late spring. It is now summer, and the moratorium on processing newly filed claims remains in effect with no new end date mentioned. Due to these extended processing times and perceived ‘delay tactics,’ SMBs and their legal firms have begun to take action against the IRS for claims that have been outstanding for more than six months (the IRS’ initial timeline). This is placing pressure on the IRS as the lawsuits are showing the delays SMBs are experiencing are due to the IRS’ lack of processing and not due to fraud or an overabundance of claims being filed. In The Weeks to Come In an attempt to reduce its workload, the IRS announced it would be sending notices in the coming weeks to claims identified as “potentially high-risk.” While the IRS has not stated what is considered a ‘potential high-risk’ claim, we believe they will be using liberal definitions/ assumptions to cast the widest net possible, which will include thousands, if not hundreds of thousands, of letters being generated regardless of the true validity of the claims.

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“Revenue is vanity, profit is sanity, but cash is king.” 💡 This quote resonates deeply with us at FinElevate. It's a simple yet profound reminder that healthy cash flow keeps the lights on. While high revenue figures can be enticing, it's the profit margins that truly matter. Ensure your business is not just surviving but thriving by focusing on cash flow. How’s your cash flow looking this quarter? What steps can you take to improve it? #FinancialWisdom #CashFlow

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Inheriting something isn't always a dream come true. Sometimes you end up with a "white elephant". Read this article to learn more about it and to get some helpful tips for dealing with it. https://hubs.la/Q02x0Fpq0 #WhiteElephant #Inheritance #WebsiteResource

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Check the link in the first comment to access the Due Diligence Mastery Program. #entrepreneurship #businessbuyingexpert #duediligence

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Knowing the correct steps to contact the seller is EXTREMELY IMPORTANT. In this video, I explain the precise steps you need to take. #businessbuyingexpert #buyingbusinesses #buyersmarket

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🚀 The Foundations Every MCA Business Needs: Four Pillars of Success Since 2010, NISO has set the standard for operational excellence in the Merchant Cash Advance sector. Managing over $850 million through over 35,000 deals, we've developed a comprehensive suite that does more than just supplement your CRM; it revolutionizes your financial management. 🔹 Advanced Analytics & Machine Learning: Go beyond traditional data with predictive analytics that enhance strategic decision-making and operational efficiency. 🔹 Expert Financial Management: From cash flow management and precise bookkeeping to advanced financial projections, our tools ensure every dollar is working for you. 🔹 Strategic Decision Support: Utilize our deep industry insights for smart underwriting, effective pricing strategies, and performance management. 🔹 Seamless Operational Integration: With tools designed for the MCA market, we integrate effortlessly into your existing systems, enhancing functionality and boosting productivity. Ready to transform your MCA business with our foundational support? ➡ Connect with us today for a demonstration: https://lnkd.in/dmUKTGXq ➡ Learn More: https://lnkd.in/dk-H8f_y #NISO #MCA #FinancialInnovation #MachineLearning #OperationalExcellence #BusinessGrowth #MCAIndustry #MerchantCashAdvance #MachineLearning #AI #Analytics

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Are you optimizing your portfolio for tax efficiency? High-net-worth individuals can benefit from strategic tax planning. The main goal in tax planning for HNIs is to minimize their tax liability. This includes income tax, wealth tax, and capital gains tax. The most effective ways to achieve these goals include contributions to retirement accounts like 401(k)s and IRAs, as well as Health Savings Accounts (HSAs). Let's discuss how to minimize your tax burden while maximizing your returns. #TaxPlanning #WealthManagement #FinancialAdvisor

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Diving into the small business lending world reveals fascinating insights that challenge common perceptions! Did you know: - 82% of small businesses fail due to cash flow problems, highlighting the critical role of financial management. - Statistics show that merchant cash advances boast the best success rate in loan approvals. Surprising? - The average SBA loan size in 2022 was $538,903, emphasizing the significant debt small businesses carry. - Loan approval rates at traditional banks are lower compared to online lenders, indicating evolving funding strategies. Explore the complete small business lending experience and debunk the myths with these eye-opening revelations! #SmallBusiness #FinanceInsights https://lnkd.in/ejpD6Sq9

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𝟴 𝗧𝗵𝗶𝗻𝗴𝘀 𝗧𝗼 𝗟𝗼𝗼𝗸 𝗳𝗼𝗿 𝗪𝗵𝗲𝗻 𝗚𝗲𝘁𝘁𝗶𝗻𝗴 𝗮 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗟𝗼𝗮𝗻 📃 Starting and growing a business takes hard work and determination, but it also requires funding. Whether you're in need of working capital, expanding your operations, or purchasing equipment, a business loan can help provide the financial support you need. 🔍 1. The right loan type 🔍 2. Manageable loan repayments 🔍 3. Reasonable loan fees 🔍 4. A good lender reputation 🔍 5. The correct loan amount 🔍 6. An attractive interest rate 🔍 7. A reasonable funding time 🔍 8. Solid customer support Read the rest at Entrepreneur Media, written by 𝐁𝐚𝐫𝐮𝐜𝐡 𝐌𝐚𝐧𝐧. (ctto) Share your thoughts in the comments below! 👇 https://lnkd.in/e4Mfq_Cr #entrepreneurship #businessloans #investing #bestadvice #business #financialplanning

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