Nonprofit
An Overview on the CARES Act & What It Means For Individuals
The Coronavirus Aid, Relief and Economic Security (CARES) Act (the “Act”), a $2 trillion stimulus package, has officially been signed into law. The bipartisan deal allocates $2 trillion in an effort…
Tax Notice 2020-18: What You Need to Know
This week in Notice 2020-18, the Treasury Department and the Internal Revenue Service (IRS) announced special federal income tax return filing and payment relief in response to the ongoing Coronavirus…
Coronavirus Resource Guide for Business Owners
There is an ever-evolving flood of information being made available in response to the COVID-19 pandemic – what it means for businesses, owners and employees, federal and state guidance, clarity…
Coronavirus (COVID-19) Impact, Risk & Response Toolkit
Due to the rapid acceleration of the COVID-19 pandemic, countless organizations are putting together strategic plans in order to alleviate the potential effects on their operations, while continuing to meet…
Business Sustainability Checklist for Nonprofit Organizations During Crisis
During an unprecedented crisis such as the coronavirus (COVID-19) outbreak, an organization’s greatest chances of survival dramatically improve if it takes proactive measures to preserve cash immediately instead of taking…
Nonprofits, Tax Changes & The SECURE Act
On December 20, 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, the broadest piece of retirement legislation passed in 13 years. It went into effect…
Nonprofit Grants & Contracts – It’s Time to Implement FASB ASU 2018-08
In June 2018, the Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) 2018-08, Clarifying the Scope of the Accounting Guidance for Contributions Received and Contributions Made. The update…
Managing Director Sherise Ritter Is Honored By RWJ Hamilton Foundation
Congratulations to Sherise D. Ritter, CPA, CGFM, CGMA, PSA, and her husband, Dr. George Rabito, co-recipients of the Annual Community Award at the Robert Wood Johnson University Hospital Hamilton Foundation’s…
Alert for All Employers! Be Aware of Substantial Changes in NJ Employment Laws!
The State of New Jersey has made numerous changes to the employment laws in the last two years. Businesses large and small, as well as nonprofit organizations and government entities…
The Near-Term for Nonprofits
I am happy to report that once again, Kyle, Lovepreet and I visited Washington, D.C. to attend the American Institute of CPA’s Annual Not-for-Profit Conference, held each summer. While there,…