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Author: Fletcher Rush

Application of CARES Act to Tax-Exempt Organizations

April 14, 2020 Tax Exempt Organization

The CARES Act provides enhanced financial support for businesses and other eligible entities suffering from the continuing COVID-19 pandemic. While much of the CARES Act provides relief to for-profit businesses (see our previous post), there are specific provisions for nonprofits and tax-exempt organizations (collectively “TEOs”) which help support the operations…