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How AI is Revolutionizing Tax Advisory and Financial Management at New Beginning Financial Group
Artificial intelligence is reshaping many industries, and tax advisory and financial management are no exceptions. The complexity of tax codes, the volume of financial data, and the need for personalized financial planning create challenges that AI can address effectively. New Beginning Financial Group, LLC is at the forefront of this change, using its proprietary financial management software powered by AI.
3 min read
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Understanding the New Schedule 1-A Form in the One Big Beautiful Bill by the Trump Administration
The IRS has recently introduced the new Schedule 1-A Form as part of the One Big Beautiful Bill, a significant piece of legislation from the Trump Administration. This new form allows taxpayers to deduct various benefits, including overtime pay, tips, car interest, and more. For many employees, especially those working overtime or considering a new car purchase, this could mean serious savings come tax season.
5 min read
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Maximizing Your Nonprofit's Financial Success: The Case for a Fractional CFO Over a Full-Time Hire
In today's environment, nonprofits face numerous challenges like limited funding and strict regulations. As these organizations strive for financial efficiency, it's essential to consider the best options available for managing finances. While hiring a full-time Chief Financial Officer (CFO) may seem like the typical path, it can be a hefty financial commitment for many nonprofits. An increasingly popular solution is hiring a fractional CFO
5 min read
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How to Leverage Premium Financing with Cash Value Life Insurance for High Net Worth Individuals
How to Leverage Premium Financing with Cash Value Life Insurance for High Net Worth Individuals
4 min read
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Understanding the Key Differences Between Bookkeeping and Accounting: Roles, Responsibilities, and Financial Statement Breakdown
In the world of business finance, it's easy to confuse "bookkeeping" and "accounting."
6 min read
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Understanding the Differences: Qualified Joint Venture vs. Partnership with Your Spouse in a Family Business Setting
Running a family business involves navigating not just financial decisions, but also personal dynamics.
4 min read
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How to Navigate the Evolving Landscape of NIL Deals and Financial Responsibility as a College Athlete
The world of college athletics is changing fast, especially with the introduction of Name, Image, and Likeness (NIL) deals.
5 min read
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Uncovering the Hidden Tax Benefits and Strategies for Non Profits: A Closer Look at Maximizing Financial Resources
Uncovering the Hidden Tax Benefits and Strategies for Non Profits: A Closer Look at Maximizing Financial Resources
4 min read
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10 Sales and Use Tax Mistakes That Could Trigger an Audit: How to Safeguard Your Business
Navigating the world of sales and use tax can be challenging for business owners.
4 min read
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Uncovering the Value: Fractional CFO vs. CFO and the Benefits for Small Business Owners
Uncovering the Value: Fractional CFO vs. CFO and the Benefits for Small Business Owners
5 min read
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