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…

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Trade Associations, COVID-19 and the CARES Act

Read about how cares-act can help trade-associations.

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,…

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4 Tax Provisions CARES Put Into Place You Should Pay Attention To

CARES Act Tax Provisions

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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