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ProfitSense

Arpana NepalFebruary 18, 20253 min read

Mitigate Nonprofit Risks Before They Happen

As audit time approaches for a nonprofit organization, it’s an ideal ...
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Mindy Tu, CPAFebruary 18, 20252 min read

Standard Deduction vs. Itemized Deductions: Which Is Right for You?

When filing a tax return, taxpayers can either claim standard ...
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Molly VezinotJanuary 29, 20253 min read

Closing the Books Faster: Streamline Your Nonprofit's Monthly Close

Working in nonprofit accounting means taking responsibility for the ...
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James HarveyJanuary 29, 20253 min read

2025 Tax Planning Tips: Make the Most of Expiring Deductions & Credits

As we kick off a new year, now is a good time for business owners to ...
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Anthony ArellanoJanuary 29, 20253 min read

What the Stalled TRAWFA Bill Means for Your Business Taxes in 2025

At the beginning of 2024, the Tax Relief for American Workers and ...
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Dimpi PatelJanuary 29, 20253 min read

2025 Child Tax Credit and Family Tax Changes

The Internal Revenue Service (IRS) recently announced changes to some ...
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Matt Dobay, CPA, MAccDecember 13, 20244 min read

Sunsetting Tax Cuts and Jobs Act Provisions: What to Expect for 2026

The Tax Cuts and Jobs Act (TCJA) was enacted in 2017 with many ...
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Dawn Möeder, Chartered AccountantDecember 13, 20244 min read

New Transparency Rules for Brokers and Employers in Health Insurance

Imagine this: you're comparing health insurance plans for your ...
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Zaynab SalehDecember 13, 20243 min read

Tax Inflation Adjustments for 2025: What Every Taxpayer Needs to Know

The end of the year is always a busy time, especially for those ...
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Mindy Tu, CPANovember 19, 20242 min read

Using Funds From a 529: Important Things to Know

According to the Education Data Initiative, the average cost of ...
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