Blog, News, & Events

Financial Assistance May Be Coming Soon for Home Schoolers

The 2017 Tax Cuts & Jobs Act includes a provision allowing individuals to make use of funds previously deposited into a Section 529 qualified tuition plan to pay tuition expenses incurred during the tax year for designated beneficiaries enrolled at a public, private, or religious elementary or secondary school. The maximum annual amount that can […]

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Posted in: Bits & Pieces, News

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Health Insurance Penalties are Changing

Health Insurance Mandate under the Affordable Care Act A significant change involving the penalties imposed for the failure to secure health care coverage has occurred as a result of the newly passed tax reform bill (2017 Tax Cuts and Jobs Act). Under a provision of the law, effective for months beginning January 1, 2019, individuals […]

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Posted in: Healthcare Reform

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Insurance Policies… Are you really covered?

Most nonprofits carry hefty amounts of insurance to shield them from liability. Carefully developed, they should be adequate. But more and more organizations are finding out that what they thought was adequate did not protect them at all. In general, most liability insurance policies fall into one of two categories, “claims made”, or “occurrence” policies. […]

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Posted in: Bits & Pieces, News

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Nonprofit Board Governance

Members of the corporate board of directors, whether they be a for-profit company or a non-profit organized as a public benefit, mutual benefit, or religious entity are the “fiduciaries” responsible for steering the organization towards a sustainable future. They do this by adopting sound, ethical, and legal governance policies, ensuring that financial management practices are […]

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