Making Charitable Gifts to Employees in Times of Need
Some businesses want to be able to help their employees in times of need. When properly structured, such assistance can qualify as a tax-free gift to the employee. The structure for employee assistance...
View ArticleIRS 2012 Work Plan – What’s New for Nonprofits
Each year, the IRS publishes a report detailing what its focus will be regarding nonprofit organizations and compliance during the year to come. The following are some of the highlights from the 2012...
View ArticleMaking Charitable Gifts to Employees in Times of Need
Some businesses want to be able to help their employees in times of need. When properly structured, such assistance can qualify as a tax-free gift to the employee. The post Making Charitable Gifts to...
View ArticleIRS 2012 Work Plan – What’s New for Nonprofits
Each year, the IRS publishes a report detailing what its focus will be regarding nonprofit organizations and compliance during the year to come. The following are some of the highlights from the 2012...
View ArticleHurricane Relief – Donor Beware!
Familiarize yourself with the organization, its mission, and its effectiveness before giving. Always ask for information in writing – be wary if an organization will not provide information about...
View ArticleCARES Act Assistance Programs Available to Nonprofits
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) became law. The CARES Act provides $349 billion in benefits for small businesses, including qualifying nonprofit...
View ArticleQuorum in Crisis: What to Do When Your Board Can’t Meet in Person
Now is the time for thoughtful and decisive action. But how does your board do this when you can’t physically convene? Hope isn’t lost. Here’s what you need to know to hold an emergency board meeting....
View ArticleHow to Use an Employee Assistance Fund to Aid Employees During COVID
As the economic hardships of the pandemic continue to mount, many are looking for ways to help employees weather the crisis. After 9/11, the Internal Revenue Code was amended to allow employers to make...
View ArticleBusiness Interruption Insurance and COVID-19
Business interruption insurance is most commonly designed to replace lost income in cases where a business premise is physically damaged or where access to the insured’s property is prohibited by...
View ArticleDoes Your Nonprofit Need a Business Continuity Plan?
The “unexpected” has increasingly become….well, expected. And failure to adequately plan for anticipated risks can subject directors to scrutiny for breaching their fiduciary duties. Having a business...
View Article
