Though there are multiple business structures available to charitable startups, most choose to pursue 501(c)3 status over other alternatives. According to Forbes, more than 1.6 million nonprofits are 501(c)3 organizations and include environmental groups, food banks,...
President Biden signed into law March 11 the $1.9 trillion American Rescue Plan Act of 2021 (ARPA). Among the benefits is 6 months of free (federally subsidized) continued health insurance coverage beginning this month. This significant benefit is for individuals...
Intellectual property is a collection of intangible assets that you create for your business. This may include your business’s name, automated processes and logo designs. These unique items must be protected. There are four common kinds of intellectual property that...
Ask your insurance carrier who is most likely to sue a nonprofit, or business for that matter, and their answer may surprise you. The plaintiff is not likely to be a victim of slip and fall in your poorly lighted or maintained parking lot. The most likely plaintiffs...
New pandemic relief for small entities is arriving in three forms. First, the recent $1.9 trillion American Rescue Plan Act of 2021 (H.R. 1319) included more pandemic-related relief for small entities but did not extend the March 31st deadline to apply for a first or...
Congress passed and the President just signed into law the $1.9 trillion American Rescue Plan Act of 2021 (H.R. 1319) to provide additional support for Americans and our economy. Title V of this relief package contains an additional appropriation of $53.6 billion to...
With the dramatic impact and ravages of Covid-19 in 2020, most employers were glad to turn the corner into 2021. However, even as many employers finally begin making plans beyond the immediate pandemic, 2020 has another legacy that must be addressed. Actions by both...
Earlier this week, the Small Business Administration (SBA) issued a notice stating that from now until March 10, 2021, only those businesses and nonprofits with fewer than 20 employees will be allowed to submit an application to receive a loan under the Paycheck...
Winter driving brings many additional risks, which are only compounded by traditional risks like distracted drivers or drunk drivers. You also have to contend with black ice, slush, whiteout conditions, slick roads, freezing rain and many other hazards. Even a small...
On January 6, 2021, the Small Business Administration (SBA) released a rule to guide borrowers and lenders on how it will implement the second iteration of financial assistance to struggling small businesses and non-profits under the Paycheck Protection Program (PPP)....
