Substantial Presence Test Relief for Certain Eligible Non-Resident Aliens
April 22, 2020 - The IRS has granted relief from the “number of days requirement” applicable in the “substantial presence test” to certain non-resident alien individuals who will be in the U.S. in 2020 for more days than anticipated due to travel restrictions arising from the COVID-19 pandemic.
Preparing for Paycheck Protection Program Loan Forgiveness
April 22, 2020 - If your nonprofit applied for and received a loan through the Paycheck Protection Program (PPP), it’s important to take immediate steps to ensure the funds are correctly handled and tracked during the next eight weeks.
COVID-19 and Church Giving: How Does Your Church Compare?
April 21, 2020 - We surveyed churches of all sizes across the U.S. to gauge the impact and trends of recent events on giving. See how your church compares.
IRS Extends Deadline for Self-Correction of 403(b) Plan Provisions to June 30
April 21, 2020 - If your nonprofit sponsors a 403(b) retirement plan with provisions that fail to meet Internal Revenue Code (IRC) Section 403(b) requirements, you can correct this by adopting plan amendments. The IRS has extended the deadline to June 30, 2020.
Waiver of Time Requirements for Certain Individuals Eligible for the Foreign Earned Income Exclusion
April 21, 2020 - The IRS has granted individuals otherwise eligible for the foreign earned income exclusion to waive days of presence in the U.S. due to the COVID-19 pandemic.
Horizons Stewardship Webinar: How to Use SBA/PPP Loan Funds and Forgiveness Strategies
April 24, 2020 - Join CapinCrouse Partner Stan Reiff at the April 24, 2020 Horizons Stewardship Webinar: How to Use SBA/PPP Loan Funds and Forgiveness Strategies.
Webcast for Nonprofits: A First Look at Paycheck Protection Program Loan Forgiveness
April 22, 2020 - Join us as we review current guidance on Paycheck Protection Program (PPP) loan forgiveness, potential best practices for accounting for PPP loan funds, and computation of your loan forgiveness amount.
Key Provisions of the CARES Act and Paycheck Protection Loan Program
March 30, 2020 - Resources to help your organization understand and navigate the new COVID-19 legislation.
New COVID-19 Resources for Nonprofits, Churches & Higher Ed
March 26, 2020- A recap of COVD-19 resources we’ve added this week, including IRS and DOL FAQs and recorded webcasts.
Keeping Data Secure for Remote Workers
March 18, 2020 - Remote work has become a necessity at many organizations. Follow these four steps to create a remote working environment that supports your organization while maintaining the security of your systems and data.