These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. What is the ERC link? https://www.irs.gov/newsroom/covid-19-related-employee-retention-credits-how-to-claim-the-employee-retention-credit-faqs In applying for the PPP, we are only eligible to apply for 2.5 times our monthly payroll? Would it be possible to apply for the Employee retention
These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. The lender is requesting 2019 payroll BUT I would rather use 2020 since its more favorable, 2020 payroll is allowed, correct? Yes! What is the time period for wages to calculate average payroll
Your Part Time Controller, LLC, providing outsourced financial management services to the nonprofit sector, has opened its eighth national office in downtown Wilmington to serve the thousands of nonprofit organizations that call Delaware, and adjoining regions of Cecil County, Md., Delaware County, Pa., and Salem and Gloucester Counties, N.J., home. Founded in 1993 and headquartered in Philadelphia, YPTC is rapidly expanding nationally with other regional offices in New York, Washington,
Alert: PPP Loan Forgiveness Update – Including Good News for Loans Less Than $50K – from Your Part-Time Controller, LLC This alert shares the latest updates on loan forgiveness under the Paycheck Protection Program (PPP). The Small Business Administration (SBA) and the Treasury have released a new PPP loan forgiveness application and instructions for borrowers who received loans of $50K or less. The new form provides
Your Part-Time Controller, LLC is thrilled to announce that Helen Fox, YPTC Senior Manager and leader of the Philadelphia office is now on the Advisory Board for the Arts + Business Council for Greater Philadelphia! Read the full October update from the Arts + Business Council here.
April 15 UPDATE! CARES ACT AND PAYCHECK LOANS. Managing Partner of Your Part Time Controller, Jennifer Alleva, catches us up to date on how fast the funding is going out, what to do, and thoughts on preparing for the Forgiveness part of the program. Watch below or visit The Nonprofit Show channel. Corona Chronicles –
For 27 years and counting, YPTC helps to build stronger nonprofits, one accounting department at a time. With over 700 nonprofit clients from coast-to-coast, YPTC assists with their financial management needs: from internal, grant, and board reporting, to forecasting, budgeting, and cash flow management, and from bookkeeping and monthly financial statements to the development of
Download the materials from our 4/3/2020 webinar: Staying Afloat
Photo: Moore.edu Managing Partner Jennifer Alleva was among the distinguished jurors featured at Moore College of Art & Design’s second Emerging Entrepreneurs’ Business Plan Competition on February 27th. According to Moore, the competition was the culmination of a series of on-campus workshops and one-on-one mentoring sessions. The first prize winner was awarded $5,000 and runners-up
Eric Fraint discusses how and why nonprofits need to reframe their cost of operations on the American Nonprofit Academy NPO Talk Show! “Eric Fraint, CPA discusses how and why nonprofits need to reframe their cost of operations. With new approaches to understanding what it takes to run a successful nonprofit, Eric believes it is time
