IRS Provides Guidance on Reporting Deferred Employee Payroll Tax
November 12, 2020 - If your organization deferred the collection and remittance of the employee portion of Social Security tax, here's how to report it on Form W-2.
Reminder: “Above-the-line” Charitable Contribution Deduction Available
November 5, 2020 - Now is a good time to remind your donors that they could receive a $300 charitable contribution deduction this year.
New SBA PPP Loan Necessity Questionnaire for Borrowers with Loans of $2M or More
October 30, 2020 - The questionnaire asks for a wide variety of information, and organizations that receive it have 10 business days to respond.
Your Guide to Budgeting Effectively in Changing Times
October 21, 2020 - Our "How to Budget Effectively in Changing Times" e-book can help your ministry navigate the current uncertainty and plan for the new future we face. Download your free copy for a guide to creating a strategy-based budget.
“Are We Paying Our Executives Appropriately?”
October 23, 2020 - Executive compensation is an important issue, and COVID-19 has created new considerations. Answering these three questions will help your organization determine if you're paying your executives appropriately.
6 Key Considerations for Budgeting in Changing Times
October 16, 2020 - There is still considerable uncertainty about the global pandemic and its long-term effects, and budgeting effectively when so much is unknown can feel overwhelming. These considerations and steps can help you assess and modify your budget to the new realities we encounter.
Webcast for Nonprofits: How to Budget Effectively in Changing Times
October 29, 2020 - Today’s ever-changing ministry environment calls for more than traditional budgeting approaches. Watch this recorded webcast for a discussion on practical budgeting tips to help bring financial stability in a rapidly changing economy.
Private Higher Education Pandemic Update: Part 2
October 15, 2020 - A look at more trends private higher education institutions need to be aware of and planning for.
PPP Loan Forgiveness Application and Payment Updates
October 9, 2020 - Treasury and the SBA have released a simplified application for forgiveness of PPP loans of $50,000 or less and provided new guidance on the deferral period for PPP loan payments.
IRS Issues Guidance on Payroll Tax Deferral Starting September 1
August 31, 2020 - The IRS has provided guidance on the deferral of the withholding and payment of the employee’s portion of Social Security tax, which is effective for the period September 1 through December 31, 2020. Here’s what we know — and what we don’t know.