The U.S. government has repeatedly revised the requirements for U.S. taxpayers to claim the Employee Retention Credit (“ERC”), also commonly…
Secure 2.0 Act of 2022 Introduces Key Changes for Workplace Retirement Plans
The Consolidated Appropriations Act, 2023 (Public Law No. 117-328) that was signed into law on December 29, 2022 by President…
Implementing FASB ASU on Contributed Nonfinancial Assets
By Matt Cromwell In September 2020, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2020-07 Not-For-Profit Entities (Topic…
Implications and Impacts of NSPM-33 On Research Institutions
By David Clark and Jackie Bernal On Jan. 14, 2021, just one week before the end of his term in…
Nonprofit Items to Note – Fall 2022
Shuttered Venue Operators Grant (SVOG) Updates The Small Business Administration (SBA) has updated the SVOG Post-Application Guidance and the Post-Award Frequently Asked Questions….
Inflation Reduction Act of 2022 Signed Into Law
President Biden signed the Inflation Reduction Act into law at a White House ceremony on August 16, finalizing a legislation…