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Cash Flow, Interest Rates, IRS Audits, and Mass Transit Shortfalls

Summary

What will the IRS do with its $80 billion in additional funding? Gene Marks says enforcement will ramp up, so small businesses could see more audits. It’s not only the federal government looking to get its money back; mass transit systems in major cities are losing millions to fare evaders and trying to correct the problem. Meanwhile, a study found that 17% of Main Street businesses have no access to funding because of rising interest rates, while 26% have access to enough funding to stay open for only two months if hit with ma cash flow shortage. Gene shares some options in this week’s episode.

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