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How the Trump administration skirts — and defies — court rulings on ICE detentions PoliticoJudges are regularly threatening contempt charges against the DOJ in immigration cases cnn.comTrump's immigration crackdown is straining federal courts. Judges are raising the alarm AP NewsImmigrants challenging their detention have hit a historic high. Here's a look at the increase. KSATMore Immigrant
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Seahawks' Super Bowl parade and celebration: What to know The Seattle TimesHere's what we know about the Seahawks Championship Ceremony and Parade in Seattle KING5.comSEAHAWKS PARADE: Seattle Public Schools' plan for Wednesday, and how it compares to 2014 West Seattle Blog...A Million People Downtown? Get ready for Seattle's Super Bowl Parade. SPD Blotter (.gov)
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Bad Bunny vs. Kid Rock: Here's how many people watched each Super Bowl halftime show San Francisco ChronicleHalftime ratings: How many watched Turning Point, Bad Bunny shows El Paso TimesZach Bryan calls Turning Point USA's halftime show ‘embarrassing as hell' San Francisco ChronicleCandace Owens Claims Turning Point USA's All-American Halftime Show ‘Scammed Its Views' Count Yahoo
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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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