New HSA Contribution Limits Released for 2022
The IRS recently released in Revenue Procedure 2021-25 the 2022 annual contribution limits for health savings…
Cloud Transformation
Roughly 43 percent of businesses accelerated their cloud transformation as a result of the COVID-19 pandemic.…
What is the Difference Between a Procurement and a Subrecipient?
For audits under Uniform Guidance, one of the more common errors relates to making the distinctions…
Is the SALT Cap Coming to an End?
The Tax Cuts and Jobs Act (TCJA) was one of the largest pieces of tax legislation…
What Should be Included on your SEFA?
Under Uniform Guidance, entities that expend more than $750,000 in federal funds are subject to a…
Maryland Enacts Much-Needed Research & Development Credit Overhaul
On April 13, 2021, Maryland’s Governor Larry Hogan signed Senate Bill 196 into law, which makes…
Weak Internal Controls Equal Fraud Opportunities – What You Can Do Now
Occupational fraud is a serious threat with costly consequences, but with strong internal controls, this threat…
Common Functional Expense Mistakes
It is important for nonprofits to ensure that the data they present in their functional expense…
SBA to Begin Accepting Restaurant Revitalization Fund Applications on May 3rd
The U.S. Small Business Administration (SBA) announced that they will begin accepting Restaurant Revitalization Fund (RRF)…
Getting Sage 300 CRE Data Into Excel
How much time do we spend in Excel entering data vs. analyzing it? Too much. Keep…