Imagine Awards 
Accounting for PPP Loan Forgiveness
30 Jun 2020
The AICPA issued technical guidance for accounting for a Paycheck Protection Program (“PPP”) loan for nongovernmental entities (including not-for-profit entities). The guidance
Guest Article: Career Day Inc. Goes Virtual
26 May 2020
The nonprofit group that provided high school students with a unique opportunity to meet professionals, didn’t get stopped by COVID-19. The organization
The Book Fairies Sets Guinness World Record
26 May 2020
The nonprofit organization, The Book Fairies, has officially set the Guinness World Record for the longest line of books. After a total
Girls Inc. of Long Island Continues to Inspire Despite Challenges
26 May 2020
Due to recent Coronavirus-based executive orders requiring non-essential employees to stay home, it has become difficult for nonprofits to continue running their
Delays in Unemployment Funding for Nonprofits
07 May 2020
The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27, 2020, to mitigate the effects of
The Impact of Government Funding on PPP Loan Forgiveness
04 May 2020
Many companies and organizations have received their PPP loans, which means that they are in the 8- week forgiveness period. During this
How to Get Documents Signed and Approved While Working Remotely
04 May 2020
The Coronavirus has caused an immense strain on legal and transactional work, especially in the avenue of document approval. Important documents, whether
IRS Rules that Expenses Used for PPP Loan Forgiveness are Not Deductible
01 May 2020
One of the more interesting provisions under the PPP Loans was that the forgiveness component would not be considered taxable income under
PPP loans of $2 million or more will face additional review or audits before forgiveness is granted
28 Apr 2020
The CARES Act has been the largest economic relief program in the history of the United States, and as previously reported, there
Virtual Event
28 Apr 2020
The current COVID-19 quarantine has brought traditional fundraising events to a screeching halt. Many organizations have either pushed their events to the