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Govt unlikely to roll back tax plan on high-value life insurance

CFO News

The Indian government is unlikely to make changes to its budget proposal of taxing the total returns on high-value life insurance policies, two government officials said on Wednesday, amid demands by insurance companies to reconsider the move.

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5 Reasons Why You Need A SaaS CFO

Michigan CFO

But come funding time, many SaaS companies find in organizing their finances that their budgeting system is a mess. This is when it’s time to turn to a SaaS CFO. For most SaaS businesses looking at seed or series A funding, a SaaS CFO may seem like an out-of-reach luxury. Aren’t CFOs supposed to be for big businesses?

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How Advisors Can Offer Tax Planning And Stay In Compliance

CFO News Room

And the consequences for incorrect tax advice can include legal and financial penalties if a client were to be harmed by the wrong advice – which is often not covered by the firm’s E&O insurance –creating an expensive liability when tax advice goes wrong. Affects how much can be saved to pre- and after-tax accounts !

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Small Business CFO's: Do You Need One?

Boston Startup CFO

Company founders and CEOs are rarely equipped to handle financing strategies, budgets and dealing with investors. Attributes of a Great CFO. I turned to a headhunter and over the next four months we canvassed many resumes and finally found an amazing CFO with the experiences we needed for our growing company. Do You Need a CFO?

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3 Financial Issues Small Businesses Face

CFO Share

At our fractional CFO firm , we believe there are three primary financial issues that small businesses face: Planning growth through uncertainty. Growth planning should include your executive team and a CPA for tax planning purposes. Develop a cash flow management plan to improve the runway.

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To Temper the Effects of Monetary Restraint, We Need Pro-Growth…

CFO News Room

And the taxes the Biden administration has already imposed in its disingenuously named Inflation Reduction Act (IRA) will be economically harmful in the long run. According to the Tax Foundation , “Biden’s tax plan would have a negative effect on the U.S. economy, reducing long-run GDP by 1.62

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The 4 Keys to Building a 100% Remote Bookkeeping Practice

The CFO College

At CFO Bookkeeper, we use “VIP” to refer to “Valuable Expert, Instructor, Participant.” Valuable Expert : Becoming a valuable expert can mean expanding your accounting and tax knowledge in your niche, or adding CFO-level services, tools, and skills to serve clients in any industry.

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