Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, states can now provide expanded unemployment insurance benefits in multiple scenarios related to COVID-19. We offer answers to your frequently asked questions and dive into how the CARES Act affects unemployment benefits for nonprofits and their workers.
This guidance supplements our law firm’s April 2, 2020 webinar addressing financial assistance available through the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), which was enacted March 27, 2020 in response to the worldwide novel coronavirus outbreak. The Paycheck Protection Program (“PPP”) and Economic Injury Disaster Loan (“EIDL”) program are intended to provide significant financial assistance to nonprofits, small businesses, and others facing economic harm and other risks resulting from pandemic-related conditions.
In the maelstrom of COVID-19, Wagenmaker & Oberly is continuing to provide dedicated service to nonprofits by addressing the legal aspects of COVID-19 related issues. Here are some resources we and others are developing for you and your organization: