Contact Us Follow Us :       | Find Us |
CBIZ & MHM New England

Subscribe to Our Blog

Client Satisfaction Survey Results

ClientSatisfaction_new

Follow Us



Recent Posts by Bill Smith

What Additional COVID-19 Legislation Could Look Like for Not-For-Profits
Posted by Bill Smith on Mon, Aug 3, 2020 @ 02:32 PM

In late July, Senate Republicans released a proposal for the fourth round of coronavirus relief legislation. The collective of bills involved are being referred to as the Health, Economic Assistance, Liability Protection and Schools (HEALS) Act. The $1 trillion proposal contains nine separate bills that cover everything from expansions of existing coronavirus relief measures to additional funding for educational institutions. Below are five key proposals that could affect not-for-profit organizations..

Read More

Topics: not-for-profit, NFP, university, tax credit, COVID-19, Paycheck Protection Program, Employee Retention Credits, PPP, PPP Loan, Heals Act, Senate Republican, Stimulus, Republican Party

Are Donor Disclosure Rules Going to Change?
Posted by Bill Smith on Thu, Sep 26, 2019 @ 03:21 PM

Rules requiring certain not-for-profits to report the names and addresses of major donors will remain in place for the time being. A recent ruling from the U.S. District Court of Montana set aside and declared unlawful the Revenue Procedure that would have exempted some types of not-for-profits from the requirement to report the names of their major donors in their annual information filings.

Read More

Topics: not-for-profit, Taxes, Bill Smith, Donations, donors

New Charitable Contribution Regulations May Require Not-For-Profits to Step-Up Their Game
Posted by Bill Smith on Thu, Sep 6, 2018 @ 06:30 PM

The 2017 tax reform law gives donors more of an incentive to make charitable contributions, increasing the deduction allowed for cash contributions to public charities from 50 to 60 percent of adjusted gross income. Substantiating that deduction, however, may be more challenging due to recently finalized IRS regulations.

Read More

Topics: not-for-profit, Taxes, Bill Smith, Tax Reform, charitable giving, Charitable contribution planning, Charitable Contribution Deductions, Nate Smith

Popular Posts

Browse by Tag

see all