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Latest Articles
Does My Nonprofit Really Need a Paycheck Protection Plan Loan?
If you’ve been following the Paycheck Protection Program (“PPP”) news, you’ve probably heard about some large companies like Shake Shack and Ruth’s Chris Steak House getting approved f [...]
Expansion of the CARES Act
On April 24th, President Trump signed into law an amendment of the CARES Act, officially titled the "Paycheck Protection Program and Health Care Enhancement Act" (the "Enhancement Act" [...]
COVID-19 relief: Overview of the CARES Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. In addition to funding the health care fight against the novel coronavirus (COVID- [...]
Hand it Over! Exempt Organization Public Disclosure Requirements
In addition to a host of other regulations, organizations exempt from federal income tax under internal revenue code section 501(a) and described in section 501(c) (we'll call them "50 [...]
Got an IRS CP-2100 Notice? Don’t Panic, Here’s What You Need to Do.
Introduction Many, if not most, nonprofit organizations will need to issue forms 1099-MISC (“1099”) to its independent contractors or other organizations that are otherwise required to [...]
Starting a 501(c)(3) Nonprofit Organization in Virginia
Introduction So you’re thinking of starting a 501(c)(3) nonprofit organization in Virginia? Congratulations! You probably have your mission statement and a name for the organization, m [...]
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info@nfp-solutions.com
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