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 American Rescue Plan Act of 2021 (ARPA), signed into law by President Biden on March 11, 2021, provides additional major relief to individuals and businesses that continue to be impacted by the COVID-19 pandemic. In this blog, we will cover the latest ARPA provisions related to individual taxpayers.
The Consolidated Appropriations Act signed into law on December 27, 2020 changed the ERC program and it is now available to employers who also received the PPP Loans and meet certain requirements.
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.
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.
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.
The audit committee plays a critical role in providing oversight of the organization’s governance, risk management, and internal control practices. The Audit Committee Charter outlines the authority, role and responsibilities of the members. Following these 5 suggestions can help transform your good audit committee to a great audit committee. — Kevin Congo, Harris CPAs The quality and completeness of the …
It is critically important to be efficient as a nonprofit and not all solutions require significant spending. Organizationally, you must have key areas operating at a high level to be successful, including whose on your bus both from an employee but also a board level. Know who you are, differentiate yourself from the crowded nonprofit arena and get those who …
Everyday that goes by the cybersecurity risk to your organization continues to increase. Have you looked at simple policies in your organization and how you are maintaining customer data. This step by step explanation will help you assess your policies, or maybe help create one if you have been putting this off for another day. — Cheryl Guiddy, Harris CPAs …