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.
Strengthening Internal Control in the COVID-19 Environment
As the evolving COVID-19 pandemic brings uncertainties, organizations face immediate risks impacting their control environment.
2021 Economic & Tax Update (Virtual Event)
With economic uncertainty in the air amidst a global pandemic and a new administration about to take office, everyone has the same question in mind: How will this affect me and my business and what awaits us in 2021? Don’t miss our 8th annual event for the answers to these questions, as we discuss the economic outlook, the new stimulus …
NONPROFIT WEBINAR: The New Uniform Guidance and Compliance Supplement
On August 13, 2020, the Office of Management and Budget (OMB) issued revised Guidance for Grants and Agreements (Uniform Guidance) 2 CFR Parts 25, 170, 183 and 200. The revision sets the stage for enhanced result-oriented accountability for grants. The revised Uniform Guidance became effective November 12, 2020, and provided some key changes for grant professionals and auditors. In addition, …
New Meridian Location for Harris CPAs
We are excited to announce that we have moved and are now open at our new location!
A Look At the New Stimulus Package Signed Into Law December 27, 2020
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.
Reforecasting Your Nonprofit’s Budget
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.
Fall 2020 Nonprofit Standard Newsletter
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!
Businesses Should Prepare Now to Issue New IRS Form 1099-NEC By January 31, 2021
For non-employee compensation paid during 2020, payers must provide Form 1099-NEC (instead of Form 1099-MISC) to the recipients and to the IRS no later than January 31, 2021.
2020 Nonprofit Benchmarking Survey is Here!
BDO’s annual benchmarking survey, Nonprofit Standards, guides organizations in the discovery of untapped resources and opportunities to navigate a post-COVID world.