Automating your Business Functions
2020 has been a relentless year of change so far for businesses across all industries. The abrupt “pause” in March experienced by New York businesses was rather disruptive, as no one expected a once in a century pandemic to shutdown day-to-day life not just locally but globally.
Accounting for Unemployment for Self-Insured Nonprofit Organizations
The Coronavirus Aid, Relief and Economic Security (“CARES”) Act was signed into law on March 27, 2020, to mitigate the effects of the coronavirus pandemic on businesses, including nonprofit organizations.
Reimagine Your Nonprofit to Survive the Crisis
Think of the crisis as an opportunity to reimagine your organization’s growth and come up with new, creative ways of engagement with your programs and fundraising.
Reimagine Your Nonprofit to Keep Crisis Worries Away
Numerous nonprofits have survived many challenges for decades and hopefully will thrive in the face of the Covid-19 pandemic as well. Truth be told, it is not easy to adapt to changes and reposition your organization to keep up with the changing times, especially when it comes to fundraising for nonprofits.
Main Street Lending Launches Nonprofit Organization Loan Programs
On Friday, July 17th the Federal Reserve updated the Main Street Lending program to provide information related to nonprofit organizations ability to participate in the program as mandated by the CARES Act. The facility now
PPP, HHS and other COVID Stimulus Quick Updates
After the initial passing of the CARES Act and subsequent extensions there were daily and sometimes hourly changes to report. In the past 6 weeks it has largely been quiet with few new or major
New Comparability Plan… Is it Right for You?
Pension plans should be an important part of every business’ benefits package. Not only do they let business owners/executives and employees to set aside funds for their retirement, but they provide the added ability for
Why Testing is Important for Pensions
As auditors, we are always busy performing different types of testing, especially controls and compliance-based test work. While there is a common stigma about auditors and audits in general, and they have a “gotcha” sort of mentality,
Nonprofit Governance: It’s Not Rocket Science Part 2 – Assure Compliance & Avoid Governance Traps
Let’s start with this basic premise: people join nonprofit boards because of their passion for the mission. No one joins a nonprofit board to spend time and energy on nonprofit governance. Nobody wants to become a governance geek!