Category: Not-For-Profit

Not-For-Profit

Federal and State Governments Offer Disaster-Relief Loans to Small Businesses Impacted by COVID-19 by Joseph L. Saka, CPA/PFS


Posted on March 16, 2020 by Joseph Saka

The Small Business Administration (SBA) announced it will offer up to $2 million in low-interest disaster-recovery loans to support the nation’s 30 million small businesses suffering losses due to the novel coronavirus (COVID-19). Under the Economic Injury Disaster Loan program, the SBA will provide states and territories with federal aid to help qualifying small businesses […]

New Tax Laws in Effect for Tax Exempt Organizations by Adam Cohen, CPA


Posted on February 06, 2020 by Adam Cohen

The Taxpayer Certainty and Disaster Tax Relief Act passed in December 2019 includes several law changes that affect nonprofit organizations and the tax returns they file in the current year and those filed in prior years. Because some of the provisions of the act are retroactive, tax-exempt organizations may be eligible to apply the changes […]