Described as a lifeline, the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Hard-Hit Act) introduced a new $15 billion grant program that provides aid to the arts and entertainment industry.
The overall investment landscape is evolving rapidly, and investment structures continue to adapt to the ever-changing needs and objectives of stakeholders.
Recipients of more than $10,000 in Provider Relief Funds (PRF) are required to report healthcare related costs attributable to the coronavirus less any costs that have been reimbursed or are obligated to be reimbursed by another source and lost revenue in the PRF reporting portal.
If you mentioned the acronym “SPAC” a few years ago you were likely met with a blank stare. While COVID-19 led the headlines in 2020, SPACs became the hottest investment vehicle on Wall Street dominating the initial public offering (IPO) landscape and private equity has played a significant role in the SPAC boom.
The Consolidated Appropriations Act, 2021 (the Act) brought big headlines including a new round of PPP loans, full expensing for business meals, and new stimulus checks.
As a new year brings on a new audit season, foundations that undergo a financial statement audit need to ensure they are properly prepared to enable the process to proceed with minimal issues and disruption to their operations.
A common problem for retirement plan administrators is the maintaining of current contact information of former employees during the period of time when they leave a company to the time they become eligible to receive benefits from the retirement plan.
Due to severe shortages of personal protective equipment (PPE) during the coronavirus pandemic, many not-for-profit entities received donated PPE such as masks, face shields, hand sanitizer and gloves.
In the Georgia runoff election on January 5th, the Democratic Party finished what it started last November … winning the trifecta of the White House and control of both chambers of Congress.