When:
April 7, 2020 @ 1:00 pm – 2:30 pm
2020-04-07T13:00:00-04:00
2020-04-07T14:30:00-04:00
Contact:
Webinar: CARES Act Loans and Tax Credits for Nonprofit Organizations
The Coronavirus Aid, Relief and Economic Security Act (the CARES Act), which was signed into law on March 27, 2020, offers various forms of aid to nonprofit Community Action Agencies (CAAs) and other members of the Community Action network whose operations have been impacted by the COVID-19 outbreak. The CARES Act makes partially-forgivable loans and grants from the Small Business Administration and the U.S. Treasury available to qualifying nonprofit organizations. The CARES Act also offers payroll tax credits for employers that keep paying their employees despite total or partial suspension of operations due to COVID-19, and pushes back the deadline for certain 2020 payroll taxes altogether. Join us as we discuss the details of the new law and identify key considerations for nonprofit CAAs and network organizations seeking to take advantage of these benefits.
