CARES Act: Economic Impact and Relief for Nonprofits and Tax-Exempt Organizations

The Coronavirus Aid, Relief and Economic Security (CARES) Act provides economic relief to organizations facing financial challenges as a result of the coronavirus (COVID-19) pandemic. Claiming many of these benefits, however, requires organizations to navigate a complex web of eligibility requirements and select among mutually exclusive options.

This webinar will provide an overview of these CARES Act aid requirements for nonprofits, charitable organizations, and tax-exempt organizations.

Topics will include:

• Paycheck Protection Program through the Small Business Administration (SBA)
• Economic injury disaster loans
• Employee retention payroll tax credit
• Payroll tax deferral
• Interaction of benefits and eligibility
• Other provisions and funding to reimburse Section 501(c)(3) organizations