SJHL News
Back to Basics: The Foundational Concepts of Grants Management & Compliance
Back to Basics: The Foundational Concepts of Grants Management & Compliance The “Back to Basics” blog series focuses on the critical concepts and most common compliance issues that are integral to managing and maintaining compliance with federal grants, for nonprofit organizations, state and local entities and higher education institutions. Charging Personnel Costs to Federal Awards…
Read MoreDo Supply Chain Issues Qualify for ERC?
Do Supply Chain Issues Qualify for ERC? When filing an Employee Retention Credit (ERC) claim, some companies are banking on the supply chain disruption as their backbone for qualifying. However, this may be difficult to prove if examined by the IRS. The IRS recently released Chief Counsel Advice Memorandum AM 2023-005 which provided additional guidance…
Read MoreThe Employee Retention Credit: What Taxpayers Need to Know
The Employee Retention Credit: What Taxpayers Need to Know The U.S. government has repeatedly revised the requirements for U.S. taxpayers to claim the Employee Retention Credit (“ERC”), also commonly known as the Employee Retention Tax Credit, since its initial codification into law. As a result, many eligible taxpayers have been left uncertain as to whether…
Read MoreQuestions Every Board Should Ask About Risk Management
Questions Every Board Should Ask About Risk Management Board oversight is key to ensuring that management is accountable for risks facing the organization and is designing a strategy that aligns the appropriate degrees of acceptable risk with organizational goals and objectives. Risk conversations, as a dedicated part of every board meeting agenda, should consider the…
Read MoreAre You Tracking These 4 KPI’s for Your Business?
Are You Tracking These 4 KPI’s for Your Business? July 15, 2023 Cash Flow – As Dave Ramsey famously states, Cash is King! Cash is the lifeblood of every business, no matter the size. Cash keeps the lights on and employees paid. There are several different cash flow KPI’s a business can track but the…
Read MoreTrust but Verify: Enabling Digital Trust Through Compliance
Trust but Verify: Enabling Digital Trust Through Compliance What Is Digital Trust and Why Is It important Digital trust is an ever-evolving concept that has rapidly gained widespread traction due to the increased prevalence of cybersecurity incidents and a heightened public awareness of security and privacy issues. Because of the increase in cybersecurity incidents, there…
Read MoreRecent legislation provides a new opportunity to support a qualified charity
Recent Legislation Provides a New Opportunity to Support a Qualified Charity June 30, 2023 As you get older, your alma mater or favorite charity will likely start mentioning making a charitable contribution to a qualified charitable distribution (QCD) from your IRA. When you reach 73 years old, you must begin taking an annual required…
Read More3 Immediate Benefits of Data-Driven RCM Process
3 Immediate Benefits of Data-Driven RCM Process June 15, 2023 In high school personal finance, we learn that cash is king. In business, cash flow is king. Without proper cash flow, your business won’t be able to stay in operation to support the underlying mission of the business. One of the easiest ways to improve…
Read MoreUsing Data to Fix Your “No-Show” Problem
Using Data to Fix Your “No-Show” Problem May 15, 2023 In today’s technology-driven world, the way that healthcare is managed and delivered is evolving at a rapid pace. There is more and more data being created every minute. But without a solid plan and a means of collecting and understanding all this data, hospitals and…
Read MoreAre Your Doctors Seeing Enough Patient Time?
Are Your Doctors Seeing Enough Patient Time? April 15, 2023 Having the right people, working on the right things, at the right time is critical for any organization, but it is especially important in the field of healthcare. Ask yourself – are you providers seeing enough of the right patients at the right time? Tracking…
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