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CARES and Families First Payroll Protection Acts - information for Benefit Funds and Labor Unions

The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Families First Coronavirus Response Act both provide potential relief for nonprofit associations.
We are still awaiting important details on the many provisions of the Acts, but we wanted to provide a summary of some of the programs which will be of interest to our clients.  We will update this bulletin as additional information becomes available.
We have provided sections below specific to your client type. Please check back to this page periodically for updates and further information.


Labor Unions
Update for Labor Unions
How these programs interact with each other



Welfare and Pension Plans
Tax credits available to Welfare and Pension Plans
How these programs interact with each other




Annuity and Defined Contribution Plans
Withdrawal changes for annuity and DC plans



501(c)(3) entities (such as training funds)
Information on Payroll Protection Program

Recent posts

CARES and Family First Acts provide potential relief for Unions

The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Families First Coronavirus Response Act both provide potential relief for nonprofit associations.

We are still awaiting important details on the many provisions of the Acts, but we wanted to provide a summary of some of the programs which will be of interest to our Union clients. We will update this bulletin as additional information becomes available.

Update for Union Clients

IRS Extends Filing Deadline

The Treasury Department and the Internal Revenue Service has provided special tax filing and payment relief to individuals and businesses in response to the COVID-19 Outbreak, by extending the 2019 tax filing deadline from April 15, 2020 to July 15, 2020. Please see our bulletin below for more information: 

Bulletin