Figuring out the CARES Act can be confusing, especially for nonprofits! A big thanks to our friends at ECFA for sharing this breakdown with us.

This PDF includes discussion of:

• “Paycheck Protection Program” Loans/Grants
• Expanded Unemployment Benefits
• Deferral of Payment of Employer’s Share of Social Security Taxes
• Employee Retention Credit for Employers Subject to Closure or Substantial
• Revenue Loss
• Charitable Contribution Deduction Limits Increased
• Changes to Paid Leave and Emergency FMLA leave

Read the entire PDF here.