The Thomas Howell Ferguson Blog

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FAQs by Not-For-Profit Organizations

We sat down with one of our not-for-profit leaders, Allison Harrell, to review some frequently asked questions by not-for-profit organizations. Planning FAQs Question:  What tips or direction can you give organizations on how to better prepare for the future? We are concerned about losing a leader for a short or long term due to COVID.Allison:  […]

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Audit vs. Review vs. Internal Controls Assessment

Does your organization need an audit, review, or internal controls assessment? Because every organization is different, there are different types of assurance services that your company can undergo based on your needs. There are many things that will help determine which services are the right fit for your organization. Your organization’s primary purpose, mission, funding, […]

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What Not-for-Profit Organizations Should Know About the Second Round of the Paycheck Protection Program (PPP)

On December 27, 2020, the Economic Aid to Hard-Hit Small Business, Nonprofits, and Venues Act (the 2021 Act) was signed into law. It includes additional funding for the Paycheck Protection Plan (PPP) and expands eligibility to certain not-for-profit organizations. The 2021 Act does the following: Provides another $284 billion in funding for the PPP; Allows […]

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What Renters Should Know about the Emergency Rental Assistance Program

What should renters know about the Emergency Rental Assistance Program? The Consolidated Appropriations Act, 2021 passed Congress with strong bipartisan support. President Trump signed it into law on December 27, 2020.  To sum up, this relief package provides critical support to the American people and will further strengthen our economic recovery. President Trump signed the […]

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CARES Act II – Emergency Rental Assistance Program Q&A

Recently, Municode hosted a webinar on the CARES Act II – Emergency Rental Assistance Program. THF’s Steve Stevens and Government Services Group (GSG)’s Dave Jahosky had the opportunity to be panelists on this virtual discussion. There were great questions about the new CARES Act funding being provided by the IRS Treasury during the session. Continue […]

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What Governments Should Know about the CARES Act Relief Package

What should governments know about the CARES Act and the Supplemental Appropriations Act relief package? The Consolidated Appropriations Act, 2021 passed Congress with strong bipartisan support. President Trump signed it into law on December 27, 2020.  To sum up, this relief package provides critical support to the American people and will further strengthen our economic […]

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Best Practices for 2021 Budgeting for Not-For-Profits

With everything surrounding COVID-19 and this past year, budgeting for 2021 will prove to be a challenge for many not-for-profits. Some not-for-profits had to decrease their services and staffing. Others have redirected their mission to serve their community’s more pressing needs. Many fundraising events were canceled this year in an effort to adhere to social […]

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Paycheck Protection Program (PPP) Second Draw Q&A

In December, Congress passed a bill allotting $284 billion in new funding. The Paycheck Protection Program (PPP) Second Draw will provide the hardest-hit businesses a chance at a second loan. The PPP 2.0 makes other changes too, including eligibility and limits for some loan sizes. Dennis Gallant answers some commonly asked questions on the Second […]

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Key Takeaways from the Second Round of the Paycheck Protection Program (PPP)

What are the key takeaways from the second round of the Paycheck Protection Program (PPP)? The Consolidated Appropriations Act (CAA) 2021 permits certain small businesses who received a Paycheck Protection Program (PPP) loan and experienced a 25% reduction in gross receipts to take a PPP Second Draw Loan of up to $2 million. Who is […]

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THF Named One Of “America’s Top Recommended Tax and Accounting Firms” by Forbes Magazine for 2021

THF has been named one of “America’s Top Recommended Tax and Accounting Firms” by Forbes Magazine for the second year in a row. Forbes partnered with the market research company Statista to create a list of the most recommended firms in the U.S. based on surveys of similar professionals and clients. Respondents were recruited via […]

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THF Congratulates Ying Wang and Megan Townsend on their new leadership roles with community boards

THF congratulates Ying Wang and Megan Townsend on their new leadership roles with community boards.   New Leadership Roles Ying Wang recently joined the Girls on the Run Board of Directors. Girls on the Run is an after-school program. It is designed to inspire girls of all abilities to recognize and embrace their inner strength. […]

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How to Avoid Post-Disaster Scams

Criminals and scammers often try to take advantage of the generous donors who want to help disaster victims. These scams often pop up after a hurricane, wildfire, or other disaster. This year, with the COVID-19 pandemic, everyone should be vigilant. So, how do these scams start? Disaster scams normally start with unsolicited contact. The scammer […]

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THF Promotes Lindsey Gregory to Senior and Melisa Chui and Randon Holt to Consultant II

THF congratulates Lindsey Gregory on her promotion to Senior in the Assurance Services Department and Melisa Chui and Randon Holt on their promotion to Consultant II in the Government Services Department. Lindsey joined THF in September 2018 and has over two years of experience in public accounting providing assurance services.  Lindsey received her bachelor’s degree […]

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THF recently hosted the 10th annual Insurance Conference on Financial Reporting (INCON)

THF recently hosted the 10th annual Insurance Conference on Financial Reporting (INCON) with the Florida State University Catastrophic Storm Risk Management Center. INCON is a conference for insurer CFOs, controllers, treasurers, and others who deal with insurer financial matters. This conference offers unparalleled opportunities to stay abreast of changes that impact the activities and financial […]

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THF Promotes Nicole Acosta to Manager and Brittany Bechtel to Senior Consultant

THF congratulates Nicole Acosta on her promotion to Manager and Brittany Bechtel on her promotion to Senior Consultant. Nicole Acosta joined THF in June 2018 and has over six years of experience providing disaster recovery, procurement, and consulting services. She works in the government services department in the Tallahassee office. Nicole received her bachelor of […]

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THF Promotes Chandler Russell, Phil Focaracci, and Tim Icardi to Manager

THF congratulates Chandler Russell, Phil Focaracci, and Tim Icardi on their promotion to Manager. Chandler Russell joined THF in October 2015 and has over five years of experience in public accounting providing assurance services.  She works in the assurance services department in the Tallahassee office. She received her Bachelor of Science in accounting and Masters […]

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FEMA Public Assistance Guidance Release

The Federal Emergency Management Agency (FEMA) has released its updated Public Assistance Guidance for COVID-19 reimbursable expenditures under the Public Assistance Program.  The guidance is meant to clarify these parameters, particularly in relation to emergency protective measures. As of September 15, FEMA may provide assistance only for the following emergency protective measures in response to […]

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THF Named One of the 2020 Best of the Best Accounting Firms and the 105th Largest Accounting Firm in the Nation by Inside Public Accounting

THF has been named one of the 2020 Best of the Best Accounting Firms and the 105th largest accounting firm in the nation by INSIDE Public Accounting (IPA). The IPA 400, recognizing the top U.S. based accounting firms, is the most comprehensive list of North American public accounting firms available. IPA annually ranks the largest […]

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