Tax,
Corporate
Apr. 6, 2020
Stimulus creates program for small businesses and nonprofits
The unprecedented $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act, aka the CARES Act, is the largest emergency aid package in U.S. history, providing crucial funds for individuals, nonprofits and small businesses.
Phil Jelsma
Partner and Chair of the Tax Practice Team
Crosbie Gliner Schiffman Southard & Swanson LLC (CGS3)
Email: pjelsma@cgs3.com
Phil is chair of the tax practice team at CGS3. He is recognized as a leading joint venture and tax attorney, with a 30-year background in real estate exchange transactions, syndications, nonprofit corporations and international tax planning.
The unprecedented $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act, aka the CARES Act, is the largest emergency aid package in U.S. history, providing crucial funds for individuals, nonprofits and small businesses.
A key provision of the bill allows the Small Business Administration to create a Paycheck Protection Program from Feb. 15, 2020 to June 30, 2020 that provides for 100% federally backed forgivable loans for ...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In