Tania Quigley

The Protecting Nonprofits from Catastrophic Cash Flow Strain Act signed into law

On Monday night the Protecting Nonprofits from Catastrophic Cash Flow Strain Act was signed into law. As part of the CARES Act, the Federal government had agreed to reimburse nonprofits that were self-insured for state unemployment 50% of the amount nonprofits had to pay states for those employees who were collecting unemployment against their accounts.

COVID-19: How to Help from Behind Closed Doors

With executive orders in place to keep as many people isolated indoors due to the COVID-19 pandemic, it may seem like there is nothing to do but to sit at home and weather out the storm. However, there are plenty of opportunities out there that individuals can do to...

Is Your Pension Plan Compliant?

They say that no good deed goes unpunished. You establish a pension plan to help your employees provide for their retirement, and in so doing, you create a potential minefield of regulatory booby traps and compliance trip wires that can wind up costing you extra money...

Press Release: Cerini & Associates, LLP Strengthens its Practice Appointing Shari Diamond to Partner, Multiple Promotions and New Hires

FOR IMMEDIATE RELEASE Cerini & Associates, LLP Strengthens its Practice Appointing Shari Diamond to Partner, Multiple Promotions and New Hires                     January 25, 2019 – Bohemia, NY – Cerini & Associates, LLP, a leading audit, tax, and business...

Medicaid Recoupments Suspended for Providers of Day Habilitation and Site-Based Prevocational Services

Providers of Day Habilitation and site-based prevocational services will be pleased to know that recoupments from its Medicaid payments for these services will be suspended until further notice. This was determined during last week’s rate setting meeting with the...

Comprehensive FASB: Accounting Standards Update

Over the past year and in the near future, there are many changes that have and will impact the accounting and financial reporting for nonprofit organizations. The Financial Accounting Standards Board (“FASB”) issues Accounting Standards Updates (“ASU”) that are aimed...

IRS Form 990 Extension

The filing due date for the IRS Form 990 can now be automatically extended for six months. The IRS Form 8868, Application for Automatic Extension of Time to File an Exempt Organization Return, has been updated for the six month extension request. Previously, an...

Nonprofits Required to Comply with Executive Order 38

New York State Executive Order 38 (“EO38”) is a relatively-new law that many nonprofits are required to comply with. Regardless of the structure or level of services that are provided by the nonprofit, New York State-funded organizations have to be cognizant of the...

Press Release: Cerini & Associates, LLP Promotes from Within and Welcomes New Staff

FOR IMMEDIATE RELEASE Cerini & Associates, LLP Promotes from Within and Welcomes New Staff October 7, 2016 - Bohemia, NY - Cerini & Associates, LLP, Certified Public Accountants, announced today that Tania Quigley, CPA, has been promoted to the level of Audit...

Equal Pay for Equal Play

The U.S. Women’s National Soccer Team (USWNT) has been in the spotlight winning the 2015 World Cup and also, just as important, creating a voice in the sports world fighting for equal pay for equal play. The amount of compensation the players on the USWNT received for...
The Protecting Nonprofits from Catastrophic Cash Flow Strain Act signed into law

The Protecting Nonprofits from Catastrophic Cash Flow Strain Act signed into law

On Monday night the Protecting Nonprofits from Catastrophic Cash Flow Strain Act was signed into law. As part of the CARES Act, the Federal government had agreed to reimburse nonprofits that were self-insured for state unemployment 50% of the amount nonprofits had to pay states for those employees who were collecting unemployment against their accounts.

read more
COVID-19: How to Help from Behind Closed Doors

COVID-19: How to Help from Behind Closed Doors

With executive orders in place to keep as many people isolated indoors due to the COVID-19 pandemic, it may seem like there is nothing to do but to sit at home and weather out the storm. However, there are plenty of opportunities out there that individuals can do to...

read more
Is Your Pension Plan Compliant?

Is Your Pension Plan Compliant?

They say that no good deed goes unpunished. You establish a pension plan to help your employees provide for their retirement, and in so doing, you create a potential minefield of regulatory booby traps and compliance trip wires that can wind up costing you extra money...

read more
Comprehensive FASB: Accounting Standards Update

Comprehensive FASB: Accounting Standards Update

Over the past year and in the near future, there are many changes that have and will impact the accounting and financial reporting for nonprofit organizations. The Financial Accounting Standards Board (“FASB”) issues Accounting Standards Updates (“ASU”) that are aimed...

read more
IRS Form 990 Extension

IRS Form 990 Extension

The filing due date for the IRS Form 990 can now be automatically extended for six months. The IRS Form 8868, Application for Automatic Extension of Time to File an Exempt Organization Return, has been updated for the six month extension request. Previously, an...

read more
Nonprofits Required to Comply with Executive Order 38

Nonprofits Required to Comply with Executive Order 38

New York State Executive Order 38 (“EO38”) is a relatively-new law that many nonprofits are required to comply with. Regardless of the structure or level of services that are provided by the nonprofit, New York State-funded organizations have to be cognizant of the...

read more