Nonprofit

Times Are Changing – Have You Reviewed & Updated Your Nonprofit’s Strategic Plan?

It’s hard to believe that over a year has gone by since many of us have changed the way we do business. I have only been in the office a…

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Why Your Organization May Benefit From a Process Efficiency Study

The world has changed since the COVID-19 pandemic hit over a year ago, causing organizations to adapt to these changes and adjust to operating in a remote environment. New policies…

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Funding Alert: NJEDA Announces Phase 4 of the SBEA Grant Program

On Wednesday, April 14, 2021, The New Jersey Economic Development Authority (NJEDA) announced Phase 4 of the Authority’s Small Business Emergency Assistance Grant Program, adding $85 million in funds from…

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Summary & Highlights of the American Rescue Plan Act

On March 11, 2021 President Biden signed the American Rescue Plan Act of 2021, (ARPA or the Act) which will provide $1.9 trillion in relief funds across a wide spectrum…

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Funding Alert: Small Business Lease Emergency Assistance Grant Program

Governor Phil Murphy and Lt. Governor Sheila Oliver announced $5 million in funding for Phase 2 of the Small Business Lease Emergency Assistance Grant Program, which provides grants up to $10,000 for…

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Funding Alert for Small Businesses and Restaurants in NJ & PA

NJEDA Announces $10 Million Second Phase of the Small Business Emergency Assistance Loan Program On Wednesday, January 27th, The New Jersey Economic Development Authority (NJEDA) announced it will open pre-registration…

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Nonprofit Accounting Standards Update No. 2020-07

Does your organization receive donated goods or services? If so, accounting for these donated goods or services will be subject to new accounting guidance. In September 2020, the Financial Accounting…

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2021 IRS TE/GE Division Update

The impacts of the COVID-19 pandemic in 2020 have forced us and our tax-exempt (and for-profit) clients to grapple with rapidly changing work environments, economic climates, and regulatory and compliance…

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PPP2 is Here – What You Need to Know

On Monday, December 21st, the U.S. Senate and House of Representatives passed a $900 billion COVID-19 relief bill, called the Consolidated Appropriations Act, that provides $600 stimulus payments to individuals,…

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NJEDA Expands Discounts, Extends Deadline for PPE Access Program

On Monday, November 23rd the New Jersey Economic Development Authority (NJEDA) announced that it will increase the discounts available on purchases of personal protective equipment made through the NJ Small…

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