More about Kelsey Vatsaas
Blog Posts by Kelsey Vatsaas:
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Employee Retention Credits – Not Another SPAM Call
Nonprofit FAQs on Employee Retention Credits and links to a few upcoming sessions we are excited to be part of to share more.
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Looking Back and Skipping Forward: A 2022 Reflection
Looking back on 2022 through our new 2023 eyes, what were the themes and trends in the nonprofit industry, and what might we expect for 2023?
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New Tax Programs for Nonprofits – 179D Incentives for Energy Efficient Facilities
Nonprofits building or renovating facilities with a focus on energy efficiency can now participate in 179D deductions, thanks to the Inflation Reduction Act.
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The Inflation Reduction Act Is Official – What’s Next for Nonprofits?
As you have likely heard, the Inflation Reduction Act of 2022 was passed by the House on August 12 and signed by President Biden on August 16. The bill passed by the Senate earlier in the month (summarized here) remained largely unchanged as it made its way through to completion. The most common question now […]
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Inflation Reduction Act: What the Pending Act Means for Nonprofits
How will the pending Inflation Reduction Act impact nonprofits? Check out a few key ways we are thinking about the potential opportunities.
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Making the Most of Nonprofit Reserves
Peter Holupchinski, Senior Wealth Advisor According to a June 2022 survey from Invesco, the typical organization currently maintains 55% of its short-term investments in cash, the highest figure since 2016. And with inflation and uncertainty spiking, decision-makers at charities and foundations are under pressure to eke out as much return as possible. And so the […]
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Nonprofit strategies for managing reserves
By Peter Holupchinski, CLA Senior Wealth Advisor In early 2020, the coronavirus pandemic caused profound economic and financial damage to nonprofits across the country. Markets became destabilized, causing volatility not seen since the global financial crisis. Every nonprofit’s board of directors was forced to ask themselves: how will we survive? During periods of hardship, having […]
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Supporting a Start-Up: CLA + the MKE Tech Hub Coalition
“CLA has been a true teammate through the creation of the MKE Tech Hub Coalition nonprofit. Through outsourcing our accounting, payroll, and financial services, we gained the confidence of investors and state agencies and showed immediate impact on our mission.” – Kathy Heinrich, CEO, MKE Tech Hub Coalition Background MKE TECH – MKE Tech Hub […]
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Nonprofit Notice: “Shields Up” with Increased Cyber Risks
Many believe that Russia’s invasion of Ukraine and the worlds’ response is likely to heighten the amount and severity of cyber-attacks conducted by the Russians. In the past few years, nonprofits have been a prime target for cyber attacks as the organizations are often smaller and have fewer resources dedicated to technology infrastructure and cyber […]
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Minnesota Assistance Council for Veterans + CLA – A Story of Seamless Support
Written by Keven Truhler and Heidi Grinde Throughout 2022, we will be sharing stories of a number of our incredible clients, and the journey CLA has taken alongside them to help them reach their goals. Up first is a long-time CLA client, the Minnesota Assistance Council for Veterans (MACV) that we have been so proud […]