+David L. Thompson, vice president of public policy for the National Council of Nonprofits, said in an interview that repeal of the tax credit hit at a particularly poor time and was based on a false narrative it wasn’t being used.
+Those smaller nonprofits have also been hit hard by the Great Resignation and many...
+In response to the Internal Revenue Service (IRS) publication of Notice 2021-65, guidance to employers on dealing with the retroactive repeal of the Employee Retention Tax Credit (...
+A recent survey from the National Council on Nonprofits found that nonprofit...
+The nonprofit sector is facing the same pressures as for-profit businesses when it comes to workforce, which is said to be the single biggest challenge as the region transitions back from the emergency state of the pandemic.
+Nonprofit employers have also opposed the fourth-quarter termination of the ERC.
+Rick Cohen is the chief operating officer for the National Council of Nonprofits.
+According to National Council of Nonprofits Chief Operating and Communications Officer Rick Cohen, the combination of an economic downfall along with restrictions and social distancing protocols across the country are creating a snowball effect,...
+David Thompson of the National Council of Nonprofits noted that at least some not-for-profit outfits were frozen out of other coronavirus relief measures, suggesting that the ERTC was more important to their sector.
+David L. Thompson is with the National Council of Nonprofits, which represents a network of 25,000 nonprofits across the country.
“It's a significant problem for nonprofits,” he said.
