Blog
Is Your Organization Audit Ready?
Whether you are facing an audit for the first time or you have been audited for years, making sure that your nonprofit organization is ready might feel overwhelming. Here are…
Main Street Lending Program Open To Nonprofits
The Main Street Lending Program’s (MSLP) Nonprofit Organization New Loan Facility (NONLF) and Expanded Loan Facility (NOELF) are now fully operational and accepting submissions of eligible loans through the Main…
OMB Issues 2020 Compliance Supplement
Did you ever take an open book test in school? It always made doing well much easier. The 2020 Compliance Supplement is a textbook for your organization’s equivalent of a…
Is Your Organization Audit Ready?
By Barbara Finke, CPA Whether you are facing an audit for the first time or you have been audited for years, making sure that your organization is ready might feel…
Strengthening Internal Control in the COVID-19 Environment
Due to its mission-driven purpose, a nonprofit organization’s financial and operational sustainability is significantly impacted by its environment. Natural disasters, economic slowdowns and unforeseen events are just a few factors…
IRS Proposes Excise Tax Relief For Exempt Organization Executive Compensation Under Code Section 4960
By Marc Berger, CPA, JD, LLM, Alex Lifson, MBA, MST, Norma Sharara, JD, and Joan Vines, CPA In June 2020 the IRS proposed regulations under Internal Revenue Code (IRC) Section…