Editor’s Note: In late April, Congress approved additional funding for the Paycheck Protection Program created for small employers by the CARES Act. Additional updates regarding the CARES Act and its various provisions can be found on Church Law & Tax’s coronavirus coverage page.
The COVID-19 (coronavirus) outbreak continues to take major physical, emotional, spiritual, and financial tolls on millions of people worldwide. In the US, efforts to slow the disease’s continued spread has led to bans on public gatherings in many places, causing many businesses to shut down, and the buildings of many churches to go dark. With the US economy hurtling toward recession, Congress has passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2.2 trillion stimulus package designed to provide stability and relief to businesses and individuals. Ministries are included in this relief package.
To help churches and leaders respond well in the face of this unfolding adversity, ChurchWest and Christianity Today’s Church Law & Tax hosted a free webinar on April 2, 2020, with renowned church legal and tax expert Richard R. Hammar. Hammar, an attorney and CPA, provided a helpful overview of the 900-page stimulus package, how it works, and the provisions churches and leaders should know to minister well to their congregations and communities.
Watch the recording and download the presentation handouts. Viewers should also visit Church Law & Tax’s coronavirus coverage page for the latest updates and developments that have occurred since the recording on April 2, 2020.