Relief is on the way for nonprofits affected by the COVID-19 pandemic, including forgivable loans.
The world will be a different place when the COVID-19 pandemic subsides. But the world will still be here. At that time, there will be work to be done, needs to be met and new opportunities for all of us who don’t succumb to negativity, paralysis or panic. As one of the most successful species …
In the wake of the COVID-19 outbreak, federal and state governments have provided the country with several waves of relief for employers, including nonprofits, to help ease the burdens caused by the pandemic. New programs will affect nonprofit employers by imposing upon them new obligations towards their employees and by providing them with benefits to …
Even at this early stage in the COVID-19 pandemic, nonprofits are already reeling from its effects. And they promise to be devastating. It’s too soon to predict the ultimate impact, but it’s a fair projection that economic ruin will fell many organizations – unless they are saved by patrons funders and legislators. Performing Arts Hard …
Nonprofit organizations have a positive effect on and are a significant part of California’s economy by generating significant revenues and providing jobs.
Nonprofits can now receive a refund of Parking Taxes paid in 2017 and 2018. The 2017 Tax Cuts and Jobs Act imposed the so-called “Parking Tax” on nonprofits. The Parking Tax required nonprofits to pay a new form of unrelated business income tax (“UBIT”) on amounts they incurred for providing transportation and parking benefits to …
