Can You Afford a 37% Tax Increase? December 04, 2020 NFDA needs your voice to avoid a “surprise” tax on small businesses that took advantage of COVID-19 loans from the federal government! As many of you know, the Paycheck Protection Program (PPP) loans made possible through the Coronavirus Aid, Relief, and Economic Security (CARES) Act ...
COVID-19 Vaccines: What You Need to Know December 04, 2020 With two COVID-19 vaccine candidates about to seek emergency use authorization from the Food and Drug Administration (FDA), many people have asked NFDA questions about whether funeral directors will have priority access to it. For more than a decade, NFDA has been working at the federal lev...
IRS Issues Clarification on Tax Treatment for PPP Loans November 30, 2020 The Internal Revenue Service and the Treasury Department have issued guidance to clear up the tax treatment of expenses when a loan from the Small Business Administration’s Paycheck Protection Program (PPP) hasn’t been forgiven by the end of the year. (They also released a new, lengthy q...
Rebuilding The Funeral Shrine November 30, 2020 In Japan, there is a 2,000-year-old shrine known as Ise Jingu. It’s a treasured monument for the Japanese people. So valuable, in fact, that they regularly destroy it. Every 20 years, the Jingu shrine is meticulously deconstructed and then rebuilt by the local community. The regular rebuilding...
House Passes Bill Funding Funerals During Disasters November 23, 2020 Last week Tuesday, the House of Representatives passed the FEMA Assistance Relief Act of 2020 (H.R. 8266). This bill includes financial assistance for funeral expenses for any future major disasters declared by the President, something NFDA strongly supports. This bill would also offer funding for f...
Save the Date for Giving Tuesday November 20, 2020 The holiday giving season is just around the corner, and we invite you to kick it off with The the Funeral Service Foundation on Giving Tuesday on December 1. This global day of giving back provides a great reminder to make a gift to strengthen the funeral service profession after a difficult yea...
NCA unveils “Find A Veteran, Post A Tribute” Campaign November 20, 2020 VA’s National Cemetery Administration (NCA) launched its new “Find A Veteran, Post A Tribute” campaign. The effort intends to increase awareness of the Veterans Legacy Memorial (VLM) – the nation’s first digital platform dedicated entirely to memorializing more than 3.7...
NFDA Urges SBA to Rethink Small Business Loan Questionnaires November 20, 2020 NFDA joined a large coalition of business groups in calling on the Trump administration to temporarily suspend “loan necessity” questionnaires developed to scrutinize businesses that took emergency payroll loans during the pandemic. The Small Business Administration (SBA) has been cir...
Now Available for Purchase: NFDA Virtual Convention Workshop Recordings November 20, 2020 NFDA had an unrivaled slate of education during last month’s Virtual International Convention & Expo. You can still learn from the expert presenters by ordering recordings of Convention education sessions! Thirteen sessions are available for purchase as a digital download or DVD &ndas...
Exclusively for Members: NFDA Launches Mercedes-Benz Incentive Program November 19, 2020 Brookfield, Wis. – Members of the National Funeral Directors Association (NFDA) who are in the market for a new personal vehicle or want to add to their rolling stock will want to explore the special incentives available through the association’s new exclusive Mercedes-Benz Member Progra...