The coronavirus pandemic has created a disruption to the housing market. Many multifamily and affordable housing landlords and managers...

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020.  The CARES Act...

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) amended Section 163(j) to allow many taxpayers to deduct more...

On April 8, 2020, the IRS issued Revenue Procedure 2020-23 (Rev. Proc. 2020-23), which allows an eligible partnership to file...

The IRS has issued a series of notices (Notice 2020-17, Notice 2020-18 (superseded Notice 2020-17), Notice 2020-20, and Notice 2020-23)...

The Senate passed a bill of nearly $480 billion on Tuesday afternoon to extend funding for the Paycheck Protection Program...

With recent passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, 501(c)3 non-profit organizations and 501(c)19 veterans organizations...

One of the challenges many not-for-profit organizations face is determining whether or not revenue falls under the category of a...

We hope you and your loved ones are well! It has been an unprecedented week for California. We are all...

The US Office of Management and Budget (OMB) released memorandum M-20-17 on March 19, Administrative Relief for Recipients and Applicants...

On July 1, 2019, California’s Governor, Gavin Newsom, signed Assembly Bill 91 (A.B. 91) into law. This bill conforms selective...

Federal grantee procurement standards, as stipulated in the “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,” impose...

At a recent boot camp for affordable housing accountants, we heard several leaders voice concerns and some optimism for the...

Before we know it, the new year will arrive. Rather than make resolutions, use the last few days of the...

National Day of Giving is a great opportunity for nonprofits and philanthropic organizations to procure donations before the end of...

Not-for-profit organizations need to be continuously aware of what is required to maintain their tax exemption. Engaging in activities that...

When the 2017 Tax Cuts and Jobs Act (TCJA) went into effect, there were a lot of benefits for businesses...

Funding a not-for-profit is a big endeavor. Most organizations are familiar with the usual funding sources consisting of grants, donors,...

When nonprofit organizations report certain government grants, revenue recognition standards can still be tricky. Although FASB has provided clarification, new...

Automated giving programs are on the rise as a convenient way to boost monthly charitable nonprofit revenues. Sometimes called recurring...