The ERC is a refundable payroll tax credit for wages paid and health coverage provided by an employer whose operations were either fully or partially suspended due to a COVID-19-related governmental order or that experienced a significant reduction in gross receipts.
On January 6, 2021, the federal Small Business Administration (SBA) released interpretations of the new provisions for additional funds available under the Paycheck Protection Program.
Stay abreast of the continuing impacts the coronavirus is having on the nonprofit industry and ways to adapt to all the changes, as well as to catch up on key trends in the nonprofit industry!
The Internal Revenue Service reminds taxpayers of a special new provision that will allow more people to easily deduct up to $300 in donations to qualifying charities in 2020.
As the evolving COVID-19 pandemic brings uncertainties, organizations face immediate risks impacting their control environment.
We are excited to announce that we have moved and are now open at our new location!
The over 5,500-page emergency coronavirus relief package aims to bolster the economy, provide relief to small businesses and the unemployed, deliver checks to individuals and provide funding for COVID-19 testing and the administration of vaccines.
In the face of Covid-19, many nonprofits have had to reevaluate their financial positions. Has your organization taken another look at its budget recently? In this article you will learn about flexible budgeting techniques and when to use them – they are not just for pandemics.
If revenues are the measuring point for the impact of COVID-19, the construction industry has been spared the drastic financial impacts that other industries have seen, but they have still been faced with multiple disruptions.
The Department of Labor (DOL) has provided relief for plan sponsors who have been late remitting employee contributions to their service providers because of the pandemic, but plan sponsors still have an obligation to accurately document what caused the delay.