In the midst of the COVID-19 pandemic, through the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Paycheck Protection Program and Health Care Enhancement Act (PPPCHE), the federal government allocated $178 billion in payments to be distributed...
In the midst of the COVID-19 pandemic, through the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Paycheck Protection Program and Health Care Enhancement Act (PPPCHE), the federal government allocated $178 billion in payments to be distributed...
UBIT. Pronounced “you-bit.” It’s one of seemingly millions of acronyms that not-for-profit organizations (let’s add another one, NFP’s) have probably heard of, but don’t know much about. It stands for unrelated business income tax, and it’s an area of the Internal...
During July 2020, Charity Navigator launched the Encompass Rating System. The purpose of Encompass was to provide improved comparability of differently sized nonprofit organizations, and to provide a more comprehensive assessment of the overall effectiveness of nonprofit organizations.
The Financial Accounting Standards Board (FASB) recently issued revised implementation dates for two major accounting standards changes. These major changes will undoubtedly bring challenges to private companies, smaller public companies, and nonprofit organizations...
Cerini & Associates, LLP Strengthens its Practice Appointing Multiple Promotions FOR IMMEDIATE RELEASE – February 3, 2020 - Bohemia, NY– Cerini & Associates, LLP, a leading audit, tax, and business advisory firm serving the tri-state area, further expands its...
Consolidation in the healthcare industry continues unabated as national and regional hospital groups continue to increase their breadth of offerings by acquiring other groups, standalone hospitals, physician practices, home health agencies, senior living communities,...
New legislation impacting small business retirement plans could soon become law and affect you. The House of Representatives version, the Setting Every Community up for Retirement Enhancement Act of 2019 (SECURE), and the Senate version, the Retirement Enhancement and...
The New York State 2020 Budget has been announced, and its provisions have far-reaching ramifications on the general public and nonprofit organizations. While most headlines focus on congestion pricing tolls, infrastructure spending, the MTA, the plastic bag ban, and...
