Webinar: Unpacking the Impact of COVID-19 Legislation on Nonprofits

Aprio panelists unpack the impact of the Families First Coronavirus Response Act and CARES Act on nonprofit organizations, and how these new rules offer planning opportunities for nonprofits to prepare for the upturn. During the webinar we discuss: Tax relief for nonprofit organizations and individuals SBA loan options and how to get started New payroll…

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Why Your Business Should Establish a Corporate Foundation

Woman holding an item shaped like a heart

The Corporate Foundation: AMPLIFYING THE IMPACT OF YOUR PHILANTHROPIC INITIATIVES As the lines continue to blur between philanthropic and corporate goals, businesses continue to look for ways to increase the impact and overall strategic value of their interactions with the communities they serve. Establishing a corporate foundation is an excellent way to amplify giving and…

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The Nonprofit Parking Tax Has Been Repealed

Thanks to a bipartisan effort in the U.S. House and Senate, the nonprofit parking tax (commonly referred to as the “Church Parking Tax”) was repealed. The repeal was included in the $1.4 trillion spending package signed by President Trump on Dec. 20, 2019. In December of 2017, President Trump signed into law the Tax Cuts…

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Taxes on Fundraising Events: What Georgia Nonprofits Must Know

Tax-exempt organizations rely on dinners, auctions and other special events to raise money and awareness. But could these activities bring penalties for tax noncompliance? All nonprofits need to know about the taxes on fundraising activities in their state. So, evaluate your fundraising activities to determine if your nonprofit should collect sales tax and pay it…

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5 Things to Know about the Tax Reform Effect on Nonprofits and Universities

The recent federal tax law affects virtually every U.S. individual and business on a level not seen in decades. For charitable organizations, the tax reform effect on nonprofits could be detrimental. The law includes measures that will impact nonprofits, significantly amplifying the need for such organizations to modernize operations. Organizations must re-evaluate their strategic plans to overcome…

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