Monthly Archives: July 2020

IRS Issues Guidance on W-2 Reporting of EPSL and PHEL Payments

Finance Computer

Earlier this month, the Internal Revenue Service (IRS) released guidelines on reporting qualified sick leave and family leave wages paid in compliance with the Families First Coronavirus Response Act (FFCRA). Employers will be required to report the amounts paid either on Form W-2 or a separate statement. For Employees Due to the COVID-19 pandemic, employers… Read more »

How safe is your nonprofit? Part 1: What is fraud?

At Insource we strive to make sure your nonprofit has everything it needs to operate efficiently and safely. With this in mind, we’ve created a series of blogs around keeping your nonprofit safe, covering important aspects of Finance, HR, and Technology. This week: We’re talking about financial fraud. At this particular time, while nonprofits may… Read more »