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If your church has made the difficult decision to reduce staff levels, you may find yourself scrambling to ensure proper accounting checks and balances with fewer employees. An effective accounting control system is dependent upon proper and adequate segregation of duties. Accounting tasks, particularly those involving...

29 July, 2020

Human Resources is at the front lines of employers’ response to the COVID-19 crisis. The crisis is forcing almost every business to immediately develop, adapt or improve remote work policies and procedures. As HR pros struggle to keep employees safe and informed, it helps to think about what...

28 July, 2020

The IRS released guidance on how employers must report the amount of emergency sick leave wages and expanded family leave wages (together, qualified leave) paid to employees under the Families First Coronavirus Response Act (FFCRA) between April 1 and December 31, 2020 [Notice 2020-54, 7-8-20]. Employers...

27 July, 2020

WASHINGTON -- President Trump's monthslong insistence on a payroll-tax cut continues to shape discussions over the next round of economic relief despite a lukewarm reception from economists and lawmakers in both parties. Mr. Trump's basic argument -- lower payroll taxes reduce hiring costs and put money in workers' pockets --...

24 July, 2020

Before the coronavirus pandemic, a grocery store in Canada let customers purchase products online and then delivered the groceries to their cars curbside. Today, this is not an anomaly. The current crisis has focused many firms on being creative in considering customers' health, becoming more...

23 July, 2020

There is a “significant risk” of fraud for Paycheck Protection Program loans, the Government Accountability Office (GAO) said June 25, 2020, urging the Small Business Administration to ramp up efforts to respond to such risks. In a report released that day, the government watchdog, which is charged...

22 July, 2020

Bipartisan legislation to provide coronavirus relief to nonprofit groups has been approved by Congress and President Donald Trump is expected to sign it into law. The measure also provides relief to state, local and tribal governments. The U.S. House passed the Protecting Nonprofits from Catastrophic Cash Flow...

21 July, 2020