Once your nonprofit organization gets approved by the IRS for a tax exemption, you must maintain tax exemption. You must know what actions or activities could jeopardize your tax-exempt status.
Under the Economic Aid act passed in December 2020, funding is available to businesses and nonprofits under the SBA Targeted EIDL Advance Program. We explain what it is, how businesses qualify and how the process works to apply for this funding.
Big changes have been made to the PPP program to help the smallest of businesses who are struggling to apply for and get financial relief through the program. These changes are targeted to businesses with less than 20 employees, primarily the self-employed, independent contractors and sole proprietors. In this episode, we summarize those changes.
A summary of the Paycheck Protection Program 2 for new borrowers and those who would like to borrow for a second time
In this show we define the "skinny heals" bill and provide an update on PPP2 and loan forgiveness application options for the PPP.