The Office of Management and Budget (OMB)’s new 2022 Compliance Supplement means changes for your next non-profit audit, if Federal programs and funding are involved. And unlike previous years, The OMB doesn’t expect to issue a future amendment to the supplement – so that means both auditees and auditors can
Many of us remember the emotions we felt when a school year ended and summer break began. But it’s a different story for non-profits that provide primary and secondary education services – for them, the end of the school year means rolling up their sleeves to continue the planning and
Mental Health Awareness Month is designed to fight stigma, provide support, educate the public, and advocate for policies that support people with mental illness – and their families. With so many non-profits focused on supporting and providing services to those living with mental illness, we wanted to know what their
We know that many not-for-profit leaders wear multiple hats. You’ve got the strategy, the mission, and the vision set. But to grow the organization, you need to know the ins and outs of running a business, too. That’s why Barnes Dennig and Impact 100 hosted this 1-hour session on tax,
Passed as part of the CARES Act at the onset of COVID-19 in the Spring of 2020, the Employee Retention Tax Credit (ERTC) Program, in very simple terms, is a credit for continuing to pay employees during the pandemic if certain tests are met. While the name suggests it’s related
Life insurance policies are a great way to pass on a large sum of money to a beneficiary when the policy holder passes away. But one often overlooked strategy is using life insurance policies to make charitable donations – and that’s a key strategy for non-profits to educate their donors