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Tag Archives: Church Law

Non-Profit Cash Reserves the Right Way

By Simms Showers LLP |

By Michael R. Grubbs, Jr., Esq.   A 2015 survey of non-profits concluded that over 75% of all non-profits had less than 6 months of operating cash reserves, and almost a quarter had one month or less. According to a 2016 report, the story is about the same in the for-profit small businesses arena…. Read More »

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October 1st Fraud Liability-Shift Deadline Approaches for Churches, Nonprofits, and Businesses Who Accept “Swipe-and-Sign” Credit Card Payments

By Simms Showers LLP |

Have you received a new credit card in the mail recently? Does it have a special embedded chip in it? This new chip technology is known as EMV (named for its developers: EuroPay, MasterCard, and Visa; also known as “chip-and-PIN”), and it represents a big step forward in putting a stop to credit card… Read More »

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