How Nashville nonprofits can benefit from CARES Act relief

The CARES Act, signed into law on March 22, is a $2 trillion relief package for U.S. businesses and individuals impacted by the coronavirus outbreak. It also contains a number of important provisions for nonprofits and their employees, including emergency loans, employee retention credits, payroll tax deferrals and charitable giving incentives. As part of the Small Business Administration Paycheck Protection Program, nonprofit organizations under section 501(c)(3) are included among those eligible…