Category: Coronavirus News
Nonprofits interested in taking advantage of new emergency loans and other aid programs should get their papers in order, contact their local FDIC-insured bank, and prepare to move quickly, nonprofit policy experts say.
The IRS on Tuesday, March 31, issued a new form and instructions for employers to use to obtain advance payments of three tax credits that were created to help businesses cope with the coronavirus pandemic.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020 in response to the economic impact caused by the COVID-19 pandemic. Below is a summary on one of the key provisions in the Act, the Payroll Protection Program. These funds will be administered by the banks, who are eligible […]
The U.S. Senate passed the CARES Act on March 25 with several key provisions that impact individuals and businesses alike.