7 Ways CARES Act Financially Supports NonprofitsBy Sibi B. Thomas | March 30, 2020
As the COVID-19 pandemic continues, the nonprofit sector has received vital support through the Coronavirus Aid, Relief and Economic Security Act (CARES Act), signed into law on March 27. Sibi Thomas, Partner in Marks Paneth’s Nonprofit, Government & Healthcare Group, examines seven ways the $2.2 trillion stimulus bill provides assistance concerning donations and operational revenue for nonprofits.
Read more: The NonProfit Times
About Sibi B. Thomas
Sibi Thomas is a Partner within the Nonprofit, Government & Healthcare Group at Marks Paneth LLP, with more than 15 years of extensive accounting, auditing, tax and consulting experience. Mr. Thomas was recognized by the CPA Practice Advisor as a 40 under 40 honoree for leading the accounting profession. He is also a member of the AICPA’s Not-for-Profit Entities Expert Panel. Mr. Thomas plans, coordinates and conducts audits of nonprofit organizations including: large social service... READ MORE +