10 Key Considerations to Take When Evaluating Managed Service Providers

More organizations are using Managed Service Providers (MSPs) to help fulfill ongoing needs, like cybersecurity and outsourced accounting. Before hiring an MSP, it’s helpful to understand the top ten areas that can impact the engagement’s success.

2021-09-09T14:02:39-04:00September 9, 2021|Categories: Cloud Accounting, Consulting, Cybersecurity|Tags: , , , , |

Single Audit Deadline Delayed by Six Months

On March 19, 2021, the Office of Management and Budget issued a memo directing federal agencies to delay, by six months, the deadline for recipient organizations to submit Single Audits. The new deadlines are September 30, 2021 and March 31, 2022.

COVID-19 Relief Money Available for Virginia Non-Public Schools

Non-public schools have an opportunity to apply for federal funding through the Emergency Assistance to Non-Public Schools (EANS) Program. Virginia participates in this program, but administrators should act quickly as the funds are limited.

2021-03-25T16:04:41-04:00March 25, 2021|Categories: Not-for-Profit, PBMares COVID-19 Insights|Tags: , |

More Funding for Not-for-Profits in the New COVID-19 Stimulus Bill

The American Rescue Plan Act's changes to the Paycheck Protection Program make it easier for more not-for-profit organizations to receive funding – but as of now, the deadline to apply for PPP funds remains March 31.

2021-03-17T09:16:43-04:00March 17, 2021|Categories: Not-for-Profit, PBMares COVID-19 Insights|Tags: , , |

Is Your Nonprofit Board Designed to Properly Oversee an Audit?

NFPs have always been adept at achieving great outcomes with few resources. This strength was put to the test even more in the past year. Whether an organization received extra funding or not, proper governance and fiscal oversight are more important than ever.

2021-03-11T14:29:41-05:00March 11, 2021|Categories: Not-for-Profit|Tags: , , |

Do You Qualify for the Employee Retention Credit?

The Employee Retention Credit (ERC) incentivizes organizations to keep employees on the payroll during COVID-19, and with new rules, it’s possible to claim as much as $14,000 per employee in 2021.

2021-03-08T10:06:57-05:00February 25, 2021|Categories: Not-for-Profit, PBMares COVID-19 Insights, Tax: Business|Tags: , , |

What’s Your Not-for-Profit’s Liquidity Policy?

It’s time to re-evaluate what liquidity actually means and how well-crafted policies can improve an organization’s operations, finances, and be a tool for educating the public, the Board, and management.

2021-02-25T09:27:22-05:00February 11, 2021|Categories: Audit & Assurance, Not-for-Profit|Tags: , , |

Expanded Funding and Tax Benefits for Not-for-Profit Organizations in COVID-19 Relief Bill

Not-for-profit organizations have been a source of hope and resources for the communities they serve, but many are still struggling with the effects of COVID-19. The latest round of stimulus relief allocated $900 billion to ongoing COVID-19 relief measures, many of which stand to benefit not-for-profits.

2021-01-26T10:24:37-05:00January 26, 2021|Categories: Not-for-Profit, PBMares COVID-19 Insights, Uncategorized|Tags: , |

Post-Pandemic Financial Insights and Strategies for Nonprofits

2020 has been a difficult year for nonprofit organizations. In difficult times, financial innovation and risk mitigation are necessary to survive and thrive when true recovery begins. During this summit, we will present the issues, trends, key takeaways, and even opportunities we have seen while serving nonprofits since the COVID-19 pandemic started.

2021-05-12T11:46:52-04:00January 20, 2021|Categories: Past Events, PBMares COVID-19 Insights|Tags: , |
Go to Top

As Internet Explorer will discontinue browser security updates by August of 2021, this site is best viewed using Google Chrome, Safari or Microsoft Edge.

Click to Continue