HHS Website Providing Indirect Rate Information is Currently Unavailable
By Paul Calabrese, Principal, Outsourced Accounting and Advisory Services Have you been to the US Department of Health & Human Services’ (HHS) Program Support Center (PSC) website lately? You may have noticed that their Cost Allocation Services landing page is down. The Cost Allocations Services website has historically provided valuable information to nonprofits, colleges and…
Enterprise-Quality Financial Planning and Analysis with Excel
By CTCPA Advisory Council Chair Jim Norton This article was printed in the Summer 2022 issue of Connecticut CPA Magazine Go to most midsize or above business software pages right now and keep track of how many times they talk about “outgrowing Excel” and the urgent need to replace Excel. In reality, try as we…
Annual Tax Planning Webinar: Important Considerations for the 2021 Tax Year
The last 18 months have been marked by unprecedented uncertainty for the US and the world. As taxpayers continue to navigate the economic ups and downs of the pandemic ― from unemployment to PPP loans to advance child tax credit payments, they are also challenged with how to minimize their tax liability for the 2021…
Webinar Series: Indirect Rate Toolkit for Nonprofits with Federal Grants – Part II
If your nonprofit receives funding from a federal grant (either directly or via a sub-award), you should take proactive steps to recover the maximum amount of indirect costs for your organization. Join GRF CPAs & Advisors for a four-part webinar series providing nonprofit organizations with everything they need to know about indirect rates under Uniform…
Webinar Series: Indirect Rate Toolkit for Nonprofits with Federal Grants – Part I
If your nonprofit receives funding from a federal grant (either directly or via a sub-award), you should take proactive steps to recover the maximum amount of indirect costs for your organization. Join GRF CPAs & Advisors for a four-part webinar series providing nonprofit organizations with everything they need to know about indirect rates under Uniform…
Breaking Down the Value of Digital Transformation for Nonprofits
Your investment choices should be driven by a strategy to achieve desired results Long gone are the days when accounting was driven by good old “T-accounts” and debits and credits. While the core principals of nonprofit accounting are largely unchanged, the role of accounting and finance professionals (and the information they provide) has evolved dramatically…