FOR IMMEDIATE RELEASE Contact:Kelli-Anne Cerini Marketing Coordinator Cerini & Associates, LLP P: 631-582-1600 ext. 401 E: [email protected] January 04, 2021 – Bohemia, NY – Cerini & Associates, LLP, a leading audit, tax, and business advisory firm...
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.
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...
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...
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...
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...
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...
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...
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...
