Nonprofit Insights

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News and Resources

  • IRS Releases Guidance on Reporting 2021 Qualified Sick and Family Leave Wages

    September 9, 2021 - The IRS has released guidance on reporting qualified sick leave and family leave wages provided in 2021. The IRS also released its annual update of per diem rates applicable to travel, effective October 1, 2021.

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  • New Resources to Help Your Nonprofit with the Employee Retention Credit

    August 25, 2021 - While the Employee Retention Credit (ERC) helped bring relief to nonprofit organizations affected by COVID-19, it also raised a lot of questions. Here are two new resources to help.

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  • Key Takeaways About the 2021 Compliance Supplement

    August 23, 2021 - The U.S. Office of Management and Budget (OMB) released the 2021 Compliance Supplement on August 12, 2021. It is effective for audits of fiscal years beginning after June 30, 2020. Here are some key takeaways to be aware of.

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