W102: Year end Tax Implications of Coronavirus Relief for Associations and Nonprofits

Title Year end Tax Implications of Coronavirus Relief for Associations and Nonprofits
Date: October 21, 2020
Time: 11:00 am – 12:30 pm (EASTERN TIME)
Course Description The CARES Act is the largest economic relief bill in US history, allocating $3 trillion to support individuals and businesses through the pandemic and economic downturn.  Learn of tax implications of provisions of the CARES Act and FFCRA and beginning planning for year end.
Instructor Name and Bio: Jennifer Eubanks


Jennifer is a Certified Public Accountant and holds a Master of Science in Accounting. She’s also earned CGMA designation and CMA certification. Jennifer is board member for the George Mason School of Business Center for Government Contracting and has been a guest speaker at George Mason University (her alma mater). In addition, she’s a Cohort of the Goldman Sachs 10,000 Small Business Program and member of the Greater Reston Chamber of Commerce, the Small and Emerging Contractors Advisory Forum (SECAF), the AFCEA professional association, the Vistage® CEO network, the Institute of Management Accountants (IMA®), the American Institute of CPAs (AICPA), and the Virginia Society of CPAs (VSCPA). Jennifer was nominated a Top Financial Professional by Northern Virginia Magazine in 2016, 2018 and 2019.

Level Beginner
CPE (NASBA Category) Taxes
CAE (Field of Study) Administration
Prerequisites None
Delivery Live Webinar
CPE / CAE Credits 1.5
Cost: $19
Course Learning Objectives Nondeductibility of PPP-Related Expenses

Reconciling Stimulus Rebates on 2020 Tax Returns

CARES Act Employee Retention Payroll Tax Credit & Paycheck Protection Program (PPP)

CARES Act Payroll Tax Deferral

CARES Act Net Operating Loss (NOL) – Retroactive Carry Back Permitted

CARES Act Depreciation Rules for Qualified Improvement Property – Retroactive 100% First-year Bonus Depreciation

CARES Act Interest Deduction Limitation Reduced

FFCRA Payroll Tax Credits for Coronavirus Paid Sick and Family Leave



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