Read About - PPP Recognition for Mid-Year Fiscal Year-EndAugust 31, 2020
June 30 represents a common fiscal year-end, a reporting cycle under bank covenants, and the mid-year point for the calendar year
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Read About - “Last Call” for Current Estate and Gift Exclusion?August 31, 2020
Could it be the “last call” for making gifts under historically high estate and gift tax exclusion amounts
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Read About - New Electronic Delivery Rules for Retirement Plan Sponsors
Read About - California Supports Businesses with Employee DevelopmentAugust 31, 2020
As businesses respond to the COVID crisis, a major concern is having enough funds to support continued employee training and development
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Read About - Using Endowment Funds During Any Emergency Situation, Such As Covid-19August 19, 2020
If your organization has endowment funds, you may be tempted to dip into them for operating expenses in a situation like we have today with COVID-19
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Read About - PPP Recognition for June 30, 2020 Fiscal Year-EndAugust 19, 2020
The Treasury released a list of organizations that received more than $150,000 in Paycheck Protection Program (PPP) loan funds, of which over 4,500 were nonprofit organizations in California and 1,500 were nonprofit organizations in Los Angeles and Orange County
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Read About - What the “New Normal” Looks Like for NonprofitsAugust 19, 2020
The overall economy and our society rely on nonprofit organizations to provide critical support to those in need even during the best of economic times
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Read About - August 2020 Audit & Assurance NewsletterAugust 17, 2020
New PPP guidance addresses health insurance, EIDL, other issues
Some questions on federal coronavirus measures were recently answered in guidance issued by the U.S
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Read About - Fuel Tax Credits, IRS Expedites RefundsJuly 30, 2020
The IRS has previously released procedures for claiming refunds on biodiesel and alternative fuel tax credits
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Read About - Paycheck Protection Program Guidelines: New Interim Final RegulationsJuly 30, 2020
The Treasury Department and Small Business Administration (SBA) recently issued new Paycheck Protection Program (PPP) guidelines
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Read About - IRS Extends Acceptance of Digital Signatures and Emailed DocumentsJuly 30, 2020
The IRS has extended, through December 31, 2020, the period during which it will accept digital signatures and emailed documents
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Read About - IRS Adds Hyundai Plug-In Electric Vehicles to Credit ListJuly 30, 2020
The IRS has added Hyundai Motor America's 2020 IONIQ Plug-in Hybrid and 2020 Kona Electric to the list of vehicles, on its website, that are eligible for the plug-in electric drive motor vehicle credit
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