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COVID-19: Our Response & Resource Plan

Please see the bulletin below providing information regarding our response and current resource plan:

COVID-19 Response

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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 our materials 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.
Relief available to clients from these ActsLabor Unions
Eligible for:
       Employee Retention Tax Credit
       EIDL Loan or Advance

Employee Retention Tax Credit (for Unions)
How these programs interact with each other
SBA Payroll Protection Program and Economic Injury Disaster Loans
Tax filing extensions

Welfare and Pension Plans
Eligible for:
       Employee Retention Tax Credit
       EIDL Loan or Advance

       Note: If the benefit…

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