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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

Resource Center

Keeping you updated on COVID-19 and its impact on businesses and individuals.