Changes to Illinois Charitable Audit Requirements
HB1197 – CHARITY ORG-SOLICIT REPORT HB1197 has passed both houses in Illinois and is [...]
Gifts in Kind Standard
For most not-for-profits (NFP) to be successful, they must rely heavily on donations. Typically [...]
Non-Profit Employee Retention Credit Eligibility
Did you know that non-profits are eligible for the Employee Retention Credit (ERC)? It [...]
PPP Forgiveness – Apply Now or Wait?
On September 10, 2020, the US Senate voted on an additional bill for coronavirus relief. It failed to pass the Senate.
Long-Awaited Paycheck Protection Program Loan Forgiveness Guidance Released
The Department of Treasury issued the long-awaited guidance on requirements for Paycheck Protection Program loan forgiveness.
How is PPP Loan Forgiveness Calculated? A Guide to Maximizing PPP Loan Forgiveness
A guide to maximizing PPP Loan Forgiveness.
Paycheck Protection Program Eligibility Guidance Released
Recently, we sent an update regarding eligibility for PPP loans. That information left businesses of all sizes uncertain about eligibility
Paycheck Protection Program Important Updates
The shortage of funding in the first round of the Paycheck Protection Program (PPP) has caused increased scrutiny over the funds. One area..
You Received Your PPP Funds, Now What?
Many businesses started to receive Paycheck Protection Program (PPP) funding last week and many more will continue into this week and next.