CARES Act Benefits for Nonprofit Organizations: Payroll Protection Program, EIDL Loans, Payroll Deferral, and Retention Credits
Recording of a 110-minute CPE webinar with Q&A
This course will explain the impact of some of the rules enacted as part of the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) on nonprofit organizations (NPOs). Our panel will discuss the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDLs), employee retention credits, and payroll deferrals as they apply to unrelated business taxable income so that advisers, directors, and managers of these organizations may understand and fully utilize these incentives.
- Paycheck Protection Payment Loans
- Employee retention credit
- Payroll tax deferral
- Economic Injury Disaster Loans
- Other planning considerations for nonprofits
The panel will cover these and other vital issues:
- When should an NPO consider the employee retention credit?
- How can NPOs benefit from recent changes in charitable giving?
- Should organizations funded by grants or endowments apply for loan relief?
Muhyung (Aaron) Lee
Mr. Lee works predominantly on U.S. federal corporate, partnership and international tax matters that include advising... | Read More
Mr. Lee works predominantly on U.S. federal corporate, partnership and international tax matters that include advising on mergers and acquisitions, fund formation, financial products and financing transactions.Close
Matthew C. Zinna, CPA
McGill Power Bell & Associates
Mr. Zinna brings more than 15 years of experience in audit and attest and consulting and services to the nonprofit,... | Read More
Mr. Zinna brings more than 15 years of experience in audit and attest and consulting and services to the nonprofit, higher education and governmental development industries. Many of his clients are subject to U.S. Office of Management and Budget Circular A-133. Mr. Zinna is a member of the firm’s Nonprofit and Government Service Group and Quality Control Committee.Close