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Channel: Accounting & Operations Archives - Greater Phoenix In Business Magazine
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Carvana Replaces 9% Debt in Major $1.66B Financial Reset

Carvana, the e-commerce platform for buying and selling cars, announced the successful upsize and pricing of a Senior Secured Term Loan B Facility in an aggregate principal amount of $1.66 billion....

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Salad and Go Abruptly Closes All Restaurants Following Chapter 11 Filing

Salad and Go announced that it has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Houston...

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The Hidden Shipping-Cost Crisis

When UPS and FedEx announced their latest round of rate increases, most small business owners did what they always do: They braced for a single number. This year, that number was again close to 6%,...

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Berkshire Takes Taylor Morrison Private in $8.5B Deal

Berkshire Hathaway Inc. and Taylor Morrison announced the completion of Berkshire Hathaway’s acquisition of Taylor Morrison for $72.50 per common share in cash, representing a total equity value for...

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What Arizona SMBs Need to Know about Financing in Today’s Economy

As Arizona small businesses head into the second half of the year, ongoing inflation continues to reinforce a K-shaped economy as AI adoption generates a reduction in demand for labor, faster than the...

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APS Rate Case Moves to Next Phase Following Months-Long Hearing

The evidentiary hearing in the Arizona Public Service (APS) rate case has concluded, marking an important milestone in the Arizona Corporation Commission’s (ACC) review of APS’s application to update...

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AI Sales Tax Missteps Could Leave Refunds on the Table

Sales taxes have come a long way since 2018, the year the Supreme Court’s landmark Wayfair decision opened the door for states to charge sales tax on purchases, even if the seller has no physical...

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The Hidden Cost of ‘Making Do’ with Legacy Systems

Despite the positive influence technology can have on business, many delay technology upgrades to manage costs. But outdated systems often create hidden or unexpected expenses that are far more...

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Top-20 Accounting Firm Acquires Phoenix CPA & Advisory Practice

Aprio, the 20th largest business advisory and accounting firm in the U.S., has entered into an agreement to acquire Price Kong, a Phoenix-based accounting and advisory firm. The transaction, effective...

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Smarter Summer Savings

Summer is the season when many Valley business owners brace themselves for rising air-conditioning costs. This year, companies have a new way to save with SRP’s Bring Your Own Thermostat Program...

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Disrupting Global Payments: Exposing Hidden Money Leaks

Global payments are still draining businesses in ways many leaders do not fully see until margins disappear, cash flow tightens, or expansion stalls. Hristian Drensky, CEO of MoreFin, argues that the...

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2026 Carrier Rate Hikes: A Margin Crisis for Ecommerce

As UPS, FedEx, and other major carriers roll out their 2026 rate structures, the ecommerce landscape faces a critical inflection point. With headline General Rate Increases of 5.9% masking effective...

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New Year, New Energy Savings

A new year marks a time for many to re-evaluate and establish new goals and businesses are no different. Often, companies make cost savings and increased profitability No. 1 on their list of...

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Public Valley Tech Firm Secures Board Approval to Add Cryptocurrency to Asset...

Iveda, a global player in AI video and smart city technologies, announced that its Board of Directors has authorized the company to acquire cryptocurrency, reflecting the company’s forward-looking...

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On-Site vs Off-Site Document Shredding

Keeping a business secure requires a lot of layers, each with a range of options for business owners to consider. One important step essential to protecting Arizona businesses is secure paper...

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Phoenix Tax Rates to See Slight Increase Starting July 1

Phoenix residents and businesses should be aware of an upcoming change to the City of Phoenix Transaction Privilege and Use Tax (TPT) rates. This tax, often thought of as similar to sales tax though...

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CPA Group Announces First-Ever Director of Client Success

REDW Advisors & CPAs announced the appointment of Diana Gibson as its first-ever Director of Client Success. In her role, she will be responsible for fostering strong, enduring relationships...

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Accounting Advisory Co. Introduces Newly Branded Professional Services Firm

Lohman Company, PLLC, a premier accounting and business advisory firm in the Valley, recently unveiled a new identity for its project-based professional services line, named First Chair. First Chair...

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From Hours to Impact: Why Cooperation Beats Counting Time:

A common scenario: Partners are sitting around the table, ready to launch an exciting new project. Everyone’s brimming with ideas, enthusiasm and dreams of what they can achieve together. Then, someone...

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The Seller Whisperer

It’s well known that most M&A deals fall short of their intended goals and many outright crash and burn. So why is one kind of dealmaker attaining outsized financial rewards together with highly...

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