MCK CPAs & Advisors

We're extending a big thank you to our amazing sponsors! Your generous support has been instrumental in launching That's What She Said Macon County.

We're grateful to MCK CPAs & Advisors for your commitment to our community.

HB1197 has been signed by the Governor Pritzker. It is effective January 1, 2024 and reverts back effective January 1, 2029.

This bill raises the state’s audit threshold for charitable organizations (501c3’s) from $300,000 to $500,000 of “contributions”.

It also creates a new level of reporting obligation. Those with contributions in excess of $300,000 but under $500,000 will be required to submit financial statements that have been either reviewed or audited.

This is good news for many smaller nonprofits. Do you agree? Is it enough? We'd love to hear your thoughts!

The team supporting Macon County Casa’s Wear Blue Day!

Team members enjoying the Chamber's Annual Thanksgiving Day Luncheon!

JOB POSTINGS:

MCK CPAs & Advisors is looking for two qualified full-time candidates for an Administrative Assistant positions - one in our Decatur office and one in our Monticello office.

The position will include processing accounting services work, typing reports and letters, and other administrative assistance responsibilities. Previous similar experience is preferred, and a solid knowledge of Microsoft Word is required. Salary and benefits are regionally-competitive and commensurate with experience level (estimated to range from $15.00 to $22.00 per hour.) Benefits package includes group health insurance, 401(k), profit-sharing, group life and much more.

If interested or if you know of anyone who is interested, please visit our posting on Indeed.com or send your resume's to our Decatur office, attention Robin W.

The new sign at the Concord Commons building is complete and looking good!!!

Today the SBA issued its first round of guidance on the new Paycheck Protection Program (PPP) that will help many entities with less than 500 employees obtain much needed loans to cover payroll and other expenses. The best news is that these loans can qualify for up to 100% forgiveness.

Here are a few good links:

SBA - Paycheck Protection Program (PPP) - https://tinyurl.com/tnvusb6

PPP Sample Application Form (to use to get started) - https://tinyurl.com/qkbgf24

Local banks will soon have the capabilities to help you obtain these funds to keep your business running and, more importantly, your employees paid!

Paycheck Protection Program (PPP) An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.

DOL page - COVID-19 and the American Workplace - Includes good resources regarding payroll, sick leave and FMLA guidelines.

COVID-19 and the American Workplace | U.S. Department of Labor The .gov means it’s official. Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.

State of Illinois Emergency Small Business Grants and Loans Assistance

Emergency Small Business Grants and Loans Assistance - Small Business Assistance View up to date information on how Illinois is handling the Coronavirus Disease 2019 (COVID-19) from the State of Illinois Coronavirus Response Site

State of Illinois Downstate Small Business Stabilization Program

Downstate Small Business Stabilization Program - Community Infrastructure View up to date information on how Illinois is handling the Coronavirus Disease 2019 (COVID-19) from the State of Illinois Coronavirus Response Site