posts tagged as tax


By Nonprofit Practice Leaders | August 24, 2020

Tax News of Note for Nonprofits

It’s critical for nonprofits to stay abreast of proposed and updated regulations from the Internal Revenue Service (IRS). Read on to learn the latest developments organizations should know. read more


By Nonprofit Practice Leaders | August 05, 2020

SBA Releases PPP Forgiveness FAQs

On August 4, 2020, the SBA issued long-awaited guidance pertaining to PPP loan forgiveness. The guidance, in the form of FAQ, covers three main topics: payroll costs, nonpayroll costs, and loan forgiveness reductions. Check back soon for... read more


By Nonprofit Practice Leaders | July 07, 2020

The Impact of the CARES Act on Site Selection

One of the provisions of the CARES Act, passed in March, could have a significant positive impact on companies that are in growth mode and planning additional locations. While many recognize that the correction of the ‘retail glitch’ (as... read more


By Nonprofit Practice Leaders | June 22, 2020

PPP Salary Limitation Clarification and Revised Application

As expected, since the passage of the PPP Flexibility Act, the Small Business Administration continues to release additional guidance. On June 17, 2020, guidance was provided relating to payroll cost limitations due to changes to the... read more


By Nonprofit Practice Leaders | June 17, 2020

New Data – Nonprofits, Benchmark Against Your Peers and Push Your Mission Forward

Facing unprecedented disruptions, the world is relying on nonprofits more than ever before. Now in its fourth year, our annual Nonprofit Standards benchmarking survey arms your organization with the metrics needed to gauge how you stack... read more


By Jeff Tubaugh | May 29, 2020

New Bill Introduces Favorable PPP Changes for Restaurants

In what is considered a tremendous victory for the restaurant industry, the House voted 417-1 on May 28, 2020 to pass a stand-alone, bipartisan Paycheck Protection Program Flexibility bill (H.R.7010), which would allow more businesses to... read more


By Nonprofit Practice Leaders | May 27, 2020

Deep Dive: PPP Loan Forgiveness Guidance

In last week’s blog, we took a first look at the Paycheck Protection Program (PPP) loan forgiveness application. This week’s blog will take a deep dive into aspects of the interim final rule that will be of interest to the restaurant... read more


By Jeff Tubaugh | May 21, 2020

New Bill Serves Up Additional Opportunity for the Restaurant Industry

In what would be a tremendous victory for the restaurant industry, the House is expected to vote next week on a stand-alone, bipartisan Paycheck Protection Program bill. read more


By Nonprofit Practice Leaders | May 19, 2020

First Look: PPP Loan Forgiveness Application

On Friday, May 15, 2020, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) Loan Forgiveness Application. Concurrent with the application’s release, the Department of the Treasury announced that... read more


By Nonprofit Practice Leaders | April 03, 2020

How does the CARES Act Help Nonprofits and Higher Education Institutions?

While the programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act are primarily intended to assist businesses, there are many programs nonprofits and higher education institutions can benefit from. As... read more