Tag: nonprofit

nonprofits after covid19
Considerations for Nonprofits in the Post-COVID-19 Environment

When thinking about how nonprofit organizations have adapted over the past year—and will continue to…

Read More
Accounting and Tax Mistakes for Nonprofits
Three Accounting Mistakes for Nonprofits to Avoid

Failure to invest wisely in sophisticated accounting methods and support can lead to significant issues…

Read More
FASB
FASB Offers Goodwill Impairment Alternative to Private Businesses, Nonprofits

FASB will allow provide private companies and nonprofits to use an accounting alternative to evaluate…

Read More
New PPP Funding Coming + Tax Deductibility
PPP2 Bill Passes, Will Allow Tax Deductibility of Loan Expenses

Congress passed a COVID relief bill that includes an extension of the PPP program and…

Read More
Nonprofit Single Audit
FAQ: Uniform Guidance Single Audits

Whether it’s your first time preparing for a Single Audit or you’ve had extensive experience,…

Read More
Nonprofits and Giving Tuesday
How Your Nonprofit Can Get a Boost with Year-End Giving

Year-end giving is a crucial time of year for nonprofits. Here are ideas and strategies to…

Read More
Nonprofit update
FASB Clarifies Presentation and Disclosures By Nonprofit Entities For Contributed Nonfinancial Assets

The FASB has issued ASU 2020-07, (“Update”) to clarify the presentation and disclosure of contributed…

Read More
Dallas City Skyline
Main Street Lending Program Opening, Terms for Nonprofits Released

The Federal Reserve Bank of Boston announced that the Main Street Lending Program is OPEN…

Read More
COVID-19 FAQs: Nonprofit Orgs
COVID-19 FAQs: Nonprofit & Education

Here are some of the most frequently asked questions and resources to help nonprofit and…

Read More
Table set for meeting in office
Five Reasons Why Your Nonprofit Organization Should Consider Forming an Audit Committee

Adopting and maintaining an audit committee is a critical component for nonprofit organizations in being…

Read More