Nonprofit Organizations Articles
BDO Nonprofit Standard | Spring 2021
Posted by Sarah Hopkins on April 15, 2021
Take a look at the BDO Nonprofit Standard for Spring 2021.
R&D Tax Credits for the Healthcare Industry
Posted by Kristin Re’ on April 07, 2021
Capitalizing on evolving patient care through past, present, and future innovation.
Biden Administration Unveils Tax Blueprint as Part Of American Jobs Plan
Posted by Mark Janulewicz on April 07, 2021
The Biden administration on March 31, 2021, unveiled a jobs and infrastructure plan, the American Jobs Plan, to address the nation’s pressing infrastructure needs. The plan calls for about $2 trillion in spending over eight years.
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.