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Blog posts tagged with "ppp"

Treasury Department and SBA Extend Deadline to Return PPP Loans

By Christopher Pycraft   |  May 6, 2020

Have you been considering returning your Paycheck Protection Program Loan? The deadline to take advantage of the safe harbor has been extended from May 7 to May 14, 2020.

Effect of Federal Legislation on Nonprofit Organizations

By Madeline Fuller   |  April 17, 2020

In an effort to guide employers and employees through the COVID-19 pandemic, the Federal Government has passed various pieces of legislation. This post will focus specifically on how the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and the Families First Coronavirus Response Act (FFCRA) affect various nonprofit organizations.

CARES Act Offers Businesses Incentives to Prevent Layoffs

By Kimberly Hall   |  March 30, 2020

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act (often referred to as the stimulus package). Included in the $2.2 trillion stimulus package are provisions aimed at incentivizing businesses to retain workers despite the economic downturn caused by the COVID-19 pandemic. In this article, we discuss two of those provisions, the Paycheck Protection Program and the Employee Retention Tax Credit.

Status of Federal Stimulus Bill - Coronavirus Aid, Relief, and Economic Security (CARES) Act

By Jacob Dean   |  March 26, 2020

On March 25, 2020, the U.S. Senate unanimously passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act, often referred to colloquially as the stimulus bill or package, is a record-setting $2 trillion deal. The Federal government has been promising assistance over the last couple weeks, and now that passage of the CARES Act seems to be imminent, many are starting to ask, “how will this help my family?” and “how will this help my business?” A few of the major features of the Act are covered here.

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