Archive for the ‘Uncategorized’ Category

5 ways nonprofits can stay agile

To stay nimble, nonprofit organizations should examine these five areas to enhance their ability to adapt to change.

OMB issues 2022 Compliance Supplement

The OMB has released the 2022 Compliance Supplement, which is effective for audits of fiscal years beginning after June 30, 2021.

USDA Emergency Relief Program

Agricultural clients, The USDA has another program available to farmers impacted by various recent natural disasters including those impacted by drought. The program is the Emergency Relief Program (ERP) and $6 Billion of funds have been allocated to it by the USDA. To check your eligibility, we recommend that you contact your local FSA office… [Read More]

CalSavers Program

Dear Employers, We wanted to inform business owners who have not yet acquired a retirement plan for your employees.  California has set a final date of June 30, 2022 for employers with greater than five employees to enroll in a retirement program. If you have not enrolled in a program, they have provided the CalSavers… [Read More]

Tax-exempt status in health care

Tax-exempt health care organizations must take care to maintain status. Organizations can highlight work within communities to help validate their standing.

Construction industry outlook

In our 2022 construction industry outlook, we explore what’s ahead for middle market business leaders.

SAS 136: The ERISA Section 103(a)(3)(C) audit election

Plan administrators should consider all implications of an ERISA Section 103(a)(3)(C) election before the election is made.

Smile! New IRS identity verification process requires a selfie

The IRS is tackling identity theft by using verification technology to guard access to online services.

PRF distributions: Delayed reporting and new reporting portal

HHS recently opened the Provider Relief Fund Reporting Portal and published a related User Guide and FAQ document.

Updated leases overview and lessee accounting guide

We have updated our publications to reflect the FASB’s recent changes to the effective date of ASC 842, Leases.