ProfitNet, LLC

The best way to predict the future is to

📢 Heads up for Michigan reimbursing employers - important changes to unemployment costs are now in effect!

Higher weekly benefits + longer eligibility periods = larger reimbursements to the UIA starting this year.

Check out below for key details and upcoming increases through 2028 so you can plan ahead.

It’s Wedding & Baby Shower Season! 🎉💍👶

Headed to a friend or coworker’s celebration?

Tuck a little reminder in their card:
👉 'Don’t forget to update your W-4!'

New life events = new tax situations

Did you know your business could claim up to $150,000 per year in tax credits just for supporting working parents? 💼 👶

The Employer-Provided Childcare Tax Credit (Form 8882) is designed to help businesses offset the cost of offering childcare solutions, whether that means building an on-site facility or partnering with an existing provider.

Not only is this a smart tax strategy - it’s also a powerful way to attract and retain top talent by investing in what matters most: family. 👨‍👩‍👧‍👦

At ProfitNet, LLC, we believe in and creating an integration between Process and People. Bookkeeping is more than just compliance and recordkeeping - it's peace of mind, clarity, and knowing the trajectory of your business!

Need Additional Assistance?

Get details, worksheets, and calculation help at: https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes

The cost of QuickBooks will be going up on July 1st - with many users seeing a 16% increase in price.

Whenever your company experiences a change in subscription or supply rates it’s a great time to speak to your Bookkeeper or Financial Team to determine:

- how does this affect our budget &/or forecast? 📊
- have we shopped alternative solutions? 👀
- will we need to adjust our own pricing or offerings as a result? 📈
- what operational changes or advancements come with this new pricing? 🤖
- when is the last time we spoke with said supplier/software to be sure our voice is heard 👂🏽

The 2025 Fortune 500 Results are in and make up a 11% of Fortune 500 CEOs coupled with 87 women in Fortune 500 CFO roles

Zooming in to the Top 100 companies and 19 of the CFOs are women

Congrats ladies! You are an inspiration to women and girls everywhere

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Such a pleasure connecting with Emily Bauman for Michigan, council woman and owner of Twelve Trees Coaching, LLC at the 11th Annual - Thriving Through Uncertainty: Strategies for Small Business Resilience

Another amazing and inspirational BBB event

An analysis performed by Heidrick & Struggles found that the the demand for interim leaders soared 310% since 2020 🤯

The analysis found that interim CFOs make up half (51%) of all interim leadership requests within the C-suite.

Whether it’s due to budgetary constraints, economic uncertainty, ability to remain fluid, flexible and scale or simply the desire to partner with a professional in their space with turn-key expertise - there is no better time to outsource CFO services to a firm that cares about the granular details of your business. 👩‍💼