Opportunities for Not-for-Profits in the Latest COVID-19 Relief

The Consolidated Appropriations Act, 2021, creates new tax provisions, expands Paycheck Protection Program (PPP) funding, and provides additional unemployment insurance benefits. But what does that mean for your not-for-profit organization?

On Jan. 13, 2021, KSM professionals discussed the opportunities available to not-for-profit organizations from this latest legislation. Topics included the following:

• PPP loans, including round one and two
• Tax opportunities, including the Employee Retention Credit
• Increased incentives for charitable giving
• Extension of paid sick leave
• Grants for shuttered venues
• Higher Education Emergency Relief Fund

Visit the KSM COVID-19 Resource Center