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Sorren Insights

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Article

Expansion of Energy Tax Credits Under the Inflation Reduction Act

Learn how the Inflation Reduction Act revolutionizes clean energy projects with expanded tax credits, bonuses, and monetization options. Discover your opportunities!
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Article

Tax Credits and Saving For Education

Need help with education tax credits? Learn the benefits of AOTC and LLC, and how they can save you money on tuition and education expenses.
An illustrated graphic features the text "Expense Reports Made Easy: 7 Tips & Your Free Template" on an orange background. A person is shown holding a clipboard, standing in front of a large "CLAIM FORM" document with dollar symbols and checkmarks. At the bottom, logos read "ACUITY" and "powered by Sorren." The design suggests a guide or resource for simplifying expense reporting.
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Article

Boost Your Expense Report Management with 7 Simple Tips and a Free Expense Reporting Template

Tracking employee expenses can be a real headache for entrepreneurs. Missing receipts ring a bell? What about never-ending piles of paperwork? What if we told you that tracking your expenses didn’t have to feel that way? Welcome to the world of the expense report.
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Article

What Your Nonprofit Should Know About Credit Loss Reporting Rules

The Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) No. 2016-13 seems like it would be old news. But the provision for accounting for current expected credit loss (CECL) went into effect for not-for-profits in calendar years ending in 2023 and fiscal years ending in 2024.
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News

Leading Accounting Firms Unite to Create ‘Sorren’ — a New Top 50 Firm

Sorren, a new Top 50 accounting firm, was formed by like-minded firms nationwide to pursue shared growth and collaboration. Previously, long connected through the BDO Alliance and industry ties, they’ve formalized their partnership by combining expertise, values, and resources.
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Article

Self-Employment Tax: What It Is, How It Works, and How to Manage It in 2025 and Beyond

In this guide, we’ll explain the mechanics of SE tax, provide future projections, and offer strategies to make it more manageable—especially as your business scales.
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