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Conor McGregor suffers early knee injury in return, loses to Max Holloway at UFC 329 AP NewsMcGregor injures leg on opening kick vs. Holloway at UFC 329 ESPNMax Holloway reacts to Conor McGregor's UFC 329 injury, eyes Islam Makhachev Yahoo SportsConor McGregor's long-awaited Octagon return cut short by apparent knee injury seconds into UFC 329 Fox News
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US attacks Iran over ship being hit in Strait of Hormuz; Tehran lashes out again at Gulf Arab states AP NewsLive updates: New US strikes on Iran and Gulf nations intercept attacks CNNLive : US launches strikes in response to Iranian attacks on ships in Strait of Hormuz France 24Iran War Live Updates: U.S. Launches Strikes After Iran Fires on Ship in Strait of Hormuz The New York Times
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How Aldi is taking on US supermarkets with its $4 almond butter BBCSee more headlines & perspectives on Google News
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What was the mistaken identity red card shown in Argentina vs Switzerland? Al JazeeraSwitzerland furious as Embolo gets red card for diving after VAR review ESPNLionel Messi and Argentina march into World Cup semi-finals but what about ‘mistaken identity' red card? The New York TimesSwitzerland hit out at VAR after ‘mistaken identity' c
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More than 1.7 million evacuated as Typhoon Bavi makes landfall in China Al JazeeraChina's second typhoon in a week makes landfall BBCTyphoon Bavi Weakens as Heavy Rain Spreads Across China Bloomberg.comTyphoon Bavi batters east China, Taiwan reports 134 injured Yahoo
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Messi and Argentina survive another close call to reach the World Cup semifinals NPRWorld Cup 2026: Julián Álvarez's extra-time golazo powers Argentina's 3-1 quarterfinal win over 10-man Switzerland Yahoo SportsArgentina survive Switzerland to book semifinal with England ESPNArgentina beat Swiss 3-1 after extra time to reach World Cup semi-finals Reuters
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Live updates: U.S. launches another round of strikes on Iran as Trump, supreme leader exchange threats CBS NewsIran war live: US bombs Iranian port cities as IRGC closes Strait of Hormuz Al JazeeraUS attacks Iran over ship being hit in Strait of Hormuz; Tehran lashes out again at Gulf Arab states WPLG Local 10U.S. Strikes Iran After
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There's no way to sugarcoat this: Small and midsize businesses should be scared to death about the consequences of the Inflation Reduction Act. Unless they provide goods and services to the green energy industry, the law's unforeseen consequences could increase their operating expenses in two ways. Here's what to expect — and how to prepare.
SEE MORE Audit-Proof Your Small Business
The Inflation Reduction Act is essentially a climate change law with some health care benefits. While the new legislation doesn't include any direct tax increases on small and midsize businesses, some of its provisions have the potential to raise costs for these companies significantly.
First Reason Why Cost of Business Could Be Going Up
For one, your chances of being audited may be going up. The new bill substantially expands the Internal Revenue Service's budget: More than half of the $80 billion increase in the IRS budget over 10 years will be used to beef up enforcement through new technology and new hires. That means more audits for companies that are the least able to financially manage them. I worry for businesses that gross $5 million or less since they usually don't have excess funds to pay a lawyer $50,000 to fight the IRS if their matter proceeds to court.
In a letter to the Senate, the agency's commissioner said, "These resources are absolutely not about increasing audit scrutiny on small businesses or middle-income Americans." Even so, with the hire of new auditors, it's likely that people with little or
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