Posts Tagged ‘CARES Act’
COVID-19 and Trade Associations: The Impact So Far
Given shut down orders, social distancing, and travel restrictions, trade associations are facing extraordinary financial losses due to in-person event cancellations. Further losses are being experienced in dues revenue as members look for ways to reduce their own expenses. According to the Professional Convention Management Association, conferences and events account for an estimated 35 percent…
Read MoreTrade Associations, COVID-19 and the CARES Act
We know there isn’t any industry unaffected by COVID-19. That said, there’s been little discussion of the impact of the pandemic on trade associations. Trade associations are known for their role in providing information, support, advocacy, and training to industry members and to the professionals employed in those industries. They provide important information and resources,…
Read More4 Tax Provisions CARES Put Into Place You Should Pay Attention To
Businesses are facing challenges not seen previously due to COVID-19. Many industries have been significantly impacted, some have been decimated, and most have been impacted to some extent by the COVID-19 outbreak. To help businesses survive this turbulent time, the federal government put the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) into effect.…
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