How the CARES Act Helps Non-Profits

The Senate and the House of Representatives have both passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).  The bill provides $2.2 trillion of Federal funds to keep the economy functioning.  But what is in the law to aid Non-profits?

2020-03-30T16:12:26-04:00March 28, 2020|Categories: Not-for-Profit, PBMares COVID-19 Insights, Private Clubs|

Coronavirus: Financial Reporting Considerations

Source: RSM US LLP.  PBMares is a member of RSM US Alliance.  The effects of the coronavirus are evolving rapidly and are unique for each entity’s circumstances. In addition to addressing the serious operational impacts of the coronavirus, it is important that all entities consider how the coronavirus affects their financial reporting.

New FASB Proposal Aims to Increase Financial Reporting Requirements for Not-for-Profits

Many not-for-profit organizations rely on donations. Tapping into the generosity of their stakeholders has always been an operational necessity. And in recent years, the giving environment has become more complex with changing legislation and tax policies.

2020-03-17T11:47:22-04:00March 17, 2020|Categories: Leaders: Not-for-Profit, Not-for-Profit|Tags: , , |

CMMC Frequently Asked Questions

The necessity to protect data is one not limited to private sector businesses that store, manage and process personally identifiable information (PII). In fact, government agencies such as the Department of Defense (DoD) also need to evaluate, review and enhance cybersecurity measures both internally and with contractors.

2020-03-13T11:08:48-04:00March 10, 2020|Categories: Cybersecurity, Government Contracting|Tags: , |

Section 179D Tax Deduction Extended for Commercial Building Owners and Designers

Energy-efficient building design has been gaining more traction in recent years. When sourcing renewable materials or designing for sustainability, there are more ways than ever for building owners and designers to save money on taxes and offset construction costs.

How DoD Contractors Can Prepare for CMMC Implementation In 2020

Cybercrime costs the U.S. economy between $57 billion and $109 billion every year and is not showing any signs of slowing down.

2020-03-02T21:30:20-05:00February 7, 2020|Categories: Cybersecurity, Government Contracting|Tags: , , |

Improving Safety Data and Lowering Risk on Construction Sites in 2020

Construction worksites are responsible for about one out of every five workplace-related fatalities in the U.S. each year. Safety practices have drastically improved over the past two decades, but even one fatality is a failure.

2020-03-02T21:31:42-05:00February 4, 2020|Categories: Construction and Real Estate|Tags: , |

How Employers Can Comply with the DOL’s New Overtime Rules

After more than four years in the draft proposal stage and federal lawsuits, Congress recently enacted new overtime rules for white-collar workers.

Fighting Cyber Risk at Clubs

Ask any security expert and they will tell you that it’s not a matter of “if”, but “when” your organization will suffer a cyberattack.  And while you might think a Country Club isn’t a huge target for hackers, the reality is that no organization is safe anymore, particularly smaller entities.

2020-01-23T13:19:56-05:00January 23, 2020|Categories: Cybersecurity, Hospitality|Tags: , , |