Healthcare Articles
Employee Retention Credit: New Angles for Nonprofits
Posted by Jenna Torella on April 05, 2021
If your nonprofit managed to keep staffers employed throughout the COVID-19 pandemic, you may be eligible to claim an Employee Retention Credit (ERC).
How the Dark Web Facilitates Fraud — and What You Can Do About It
Posted by Jesse Rubinstein on April 05, 2021
To commit financial fraud, criminals routinely use the “dark web,” a collection of sites that offer users anonymity and privacy to share stolen data and information on perpetrating crimes. Companies can help fight such criminals by securing their IT networks and regularly monitoring the dark web for their own stolen data.
The Evolution of the Employee Retention Credit
Posted by Megan Morris on March 29, 2021
The Employee Retention Credit is a novel tax break that was designed to reward businesses that keep employees on the payroll during the pandemic. The American Rescue Plan Act extends the credit through the end of 2021, and another law passed in December 2020 made other changes to it. Here's what employers need to know to take advantage of this tax-saving opportunity.
Consolidated Appropriations Act: What Plan Sponsors Need to Know About Retirement Plan Relief
Posted by Thomas Burns on March 29, 2021
The CAA contains several useful provisions for retirement plans, including non-COVID disaster emergency relief, multiemployer, and defined benefit plan changes, and updates to partial plan terminations.
Hardship Distributions: What Retirement Plan Sponsors Need to Know About Complying with Recent Changes
Posted by Thomas Burns on March 26, 2021
Efforts to keep up with the myriad of challenges that retirement plan sponsors faced in 2020 may have caused some to overlook significant changes related to hardship distributions that were enacted before the onset of the COVID-19 pandemic.
Comprehensive COVID-19 Relief Package
Posted by Cory Van Deusen V on March 15, 2021
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARP Act), the $1.9 trillion COVID-19 relief package aimed at stabilizing the economy, providing needed relief to individuals and small businesses, and improving and accelerating the administration of coronavirus vaccines and testing.
How 2021 Trends Can Build a Better Nonprofit
Posted by Sarah Hopkins on March 04, 2021
What can not-for-profit organizations expect in 2021 and beyond? One recent report, “11 Trends in Philanthropy for 2021” offers some answers.
One-Page Overview of the Employee Retention Credit
Posted by Megan Morris on March 03, 2021
The Consolidated Appropriations Act of 2021 (Act), signed into law on December 27, 2020, contains significant enhancements and improvements to the Employee Retention Credit (ERC).
Nonprofits Need to Educate Donors About New Tax Benefits
Posted by Cathleen Karpik on February 18, 2021
The Consolidated Appropriations Act, enacted in December 2020, extends and modifies several key tax provisions originally included in the CARES Act. Among the provisions are several that benefit charitable givers — and, by extension, charities.
Biden’s Tax Plan: Democrats Have Control, but Tax Reform Details Remain Unclear
Posted by Brian Kern on February 05, 2021
Now that President Biden has taken office and Democrats have a slim majority in the House and Senate, many are eagerly awaiting details on any new significant tax legislation the administration will aim to pass.