July 1, 2021 - Common sense tells us that every business needs to know how money is being spent in order to know if the business is truly profitable. Both efficiency and profitability matter to nonprofits as much as any business โ and properly...
April 29, 2021 - Employers across the country saw a dramatic surge in unemployment due to the COVID-19 pandemic and nonprofits were not spared, with around 40% of nonprofit employees filing unemployment claims as of a November 2020 report from...
May 13, 2020 - As states begin to allow businesses to open and employees return to work, there is a mix of optimism and concern regarding employee safety and the health of the economy. Nonprofits are no different. Many nonprofits nationwide have...
May 7, 2020 - The CARES Act that President Trump signed into law on March 27, 2020, contained significant provisions related to charitable deductions, providing many individuals and corporate donors with greater flexibility. New $300 Deduction...
April 10, 2020 - Health experts are predicting the next two weeks will be the most difficult stretch in time during the COVID-19 crisis in the United States. For many nonprofit organizations struggling to provide assistance to their clients,...
March 23, 2020 - The Minnesota Department of Employment and Economic Development (DEED) has shared information about the U.S. Small Business Administration (SBA) Economic Injury Disaster Loans which are now available for Minnesota businesses.
March 19, 2020 - The Saint Paul and Minnesota Foundation has established a donation site to collect and redistribute funds to be allocated for coronavirus response efforts by the nonprofit community in Minnesota.
December 26, 2019 โ On December 20, 2019, the President signed into law the Taxpayer Certainty and Disaster Tax Relief Act of 2019, generally extending a number of โTax Extendersโ (bills that are routinely set to expire in one to three year...
St. Paul, Minnesota (March 8, 2019) โ Accounting firm Redpath and Company, Ltd. (Redpath) donated $18,100 to TreeHouse.
December 18, 2018 โ The tax-exempt sector has received the much-anticipated interim guidance from the Internal Revenue Service regarding the application of qualified transportation fringe (QTF) benefits. Under this interim guidance, many...
