Churches and the CARES Act: Helping Congregations and Employees Weather the Cash Crunch
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 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 are hosting a free webinar at 11am (Central)/12pm (Eastern) on April 2, 2020, with renowned church legal and tax expert Richard R. Hammar. Hammar, an attorney and CPA, will provide 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.