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Loan Forgiveness under the Paycheck Protection Program

Loan Forgiveness under the Paycheck Protection Program

Revised on May 27, 2020 Small nonprofits that have received money under the Paycheck Protection Program (“PPP”) will want to take advantage of the loan forgiveness provisions. While there has been some guidance provided by Treasury, there are still many remaining questions about PPP loan forgiveness. In fact, the CARES Act, SBA rules, Treasury rules …

Read moreLoan Forgiveness under the Paycheck Protection Program

Tips and Considerations for Your Employees Working From Home During COVID-19

The Governor may have lifted Georgia’s state-wide shelter-in-place restrictions, but your organization may choose to allow all or some employees to continue work remotely. This article provides tips for managing employees and developing a work-from-home technology policy for nonprofits whose employees are working remotely. wfh

Read moreTips and Considerations for Your Employees Working From Home During COVID-19

Another Option for Nonprofits Struggling to Keep Employees: Employee Retention Credit

Nonprofits that do not receive funding through the PPP or the EIDL programs have another option to consider. The Employee Retention Credit (ERC), which was enacted as part of the CARES Act, is designed to encourage eligible employers to keep employees on their payroll through the use of payroll tax credits. Read more about this …

Read moreAnother Option for Nonprofits Struggling to Keep Employees: Employee Retention Credit

Contract Considerations Related to COVID-19

Have you had to cancel your annual fundraising gala that was going to be held at a hotel? Or does your organization rent out facilities for community events that have been postponed or cancelled due to shelter in place orders? Do you have other types of contracts that have been impacted by the COVID-19 outbreak? …

Read moreContract Considerations Related to COVID-19

Podcast | The Role of a Nonprofit Board During COVID-19

Join us in our second episode of the PBPA Podcast as our Executive Director, Rachel Spears, talks about what board members can and should do to help their nonprofits navigate through the COVID-19 era. This resource is also very sharable and succinct for your busy board members, the individuals who bear the ultimate responsibility for …

Read morePodcast | The Role of a Nonprofit Board During COVID-19

Staying Legal in Tough Economic Times: COVID-19 edition

There is a great deal of uncertainty these days, but there are a few things we are sure of. We have 10 of them listed right here. Important legal issues that fall by the wayside can make your job even harder. These 10 quick points could help steer you down the right road so you’ll …

Read moreStaying Legal in Tough Economic Times: COVID-19 edition
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