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Utilizing financial forecasting to plan for future growth
Decide Before You Have To: Why Scenario Planning Is Essential for Not-for-Profits

Grants and funding streams are shifting faster than annual budgets can keep up. Not-for-profit organizations cannot predict every disruption, but they can decide how they will respond before financial pressure forces the issue. Scenario planning provides a practical way to do that. Why Scenario Planning Matters What happens if a major grant is delayed or…

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AI Brain on Stack and Jar of Coins
AI and the R&D Tax Credit: Which Activities May Qualify?

Artificial intelligence (AI) is rapidly transforming industries by helping businesses automate repetitive processes, improve decision-making and develop innovative products and services. As organizations invest significant resources into AI initiatives, many are asking whether these activities may qualify for the federal Research & Development (R&D) Tax Credit under Internal Revenue Code (IRC) Section 41. The answer…

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year-end tax planning for businesses
Year-End Tax Strategies for Businesses

Now is the time to review and consider all of your year-end tax business planning options and strategies for the 2024 tax season. Check it out now.

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digital transformation
Case Study: Energy Management Leader Builds Native Ignition Power Quality Plugin in Weeks

Executive Summary A leading provider of energy management and power quality solutions engaged Withum to give its customers and system integrators a simpler, more scalable way to connect its monitoring devices to Inductive Automation’s Ignition platform. Modbus-based integrations required manual register mapping, network changes and coordination among several parties at every site, and offered limited…

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A New Balance of Power: What the 120th Congress Means for Federal Tax Legislation

The 2026 midterm elections have shifted the balance of power in Congress. Democrats have taken control of the Senate with at least 54 seats, compared with 44 for Republicans. Two races, in Alaska and Mississippi, are still undecided. In the House of Representatives, Democrats have secured control of the chamber with at least 255 seats,…

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Calculator on financial documents with soft bokeh lights in the background, symbolizing financial planning and analysis.
What Your Year-End Close Says About Your Finance Function

Year-end close does more than finalize the prior year’s financial results. It provides an important assessment of how well the accounting function is operating and where improvements should be prioritized in the year ahead. Year-end puts more pressure on accounting departments than a typical month-end close. In addition to normal reporting responsibilities, teams are managing…

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