Illinois now joins 18 other states with similar laws, including New York, Massachusetts, California, Washington, and Alabama.
Nonprofits recently underwent comprehensive changes to financial reporting with FASB’s Accounting Standards Update 2016-14.
Private funding is often more difficult for organizations to discover on their own, but worth taking the time and effort to seek out.
Finding funding for your organization is one of the biggest challenge’s nonprofits face. Knowing where to look for funding and how to find grant opportunities is a skill you will need to master or at a minimum have a trusted advisor to guide you.
Paid sick leave laws are slowly becoming commonplace among states and local municipalities across the United States. Cook County and the City of Chicago implemented sick leave laws in 2017 requiring employers and nonprofits to provide employees with a minimum amount of paid time off either as sick leave or within a PTO policy.
A new amendment to The Illinois Wage Payment and Collection Act (IWPCA) now requires employers to reimburse employees for “all necessary expenditures or losses incurred by the employee within the employee’s scope of employment and directly related to services performed for the employer.”
The IRS has raised most the standard mileage rates employers can use to calculate the deductible expenses for operating company cars and trucks for business, charitable, medical, or moving purposes.
On Saturday, November 3, 2018 CYN Counseling center will celebrate 40 years of providing comprehensive mental health support services to kids, adults and families struggling with a variety of challenges including abuse, depression, anxiety, domestic violence, poverty and more.