Q&A: Employee Retention Credit

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. What is the ERC link? https://www.irs.gov/newsroom/covid-19-related-employee-retention-credits-how-to-claim-the-employee-retention-credit-faqs In applying for the PPP, we are only eligible to apply for 2.5 times our monthly payroll? Would it be possible to apply for the Employee retention
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Q&A: Other Pandemic Relief Options

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. Is there any relief for 100% volunteer organizations? Unfortunately, most of the pandemic relief is tied to retaining employees so volunteer orgs don’t qualify for the loans or ERC. We are a very
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Q&A: Shuttered Venue Operators Grant

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. Are black box theatres with seating units that can be configured in a few different ways are excluded? According to the current guidelines, seating has to be fixed. Would a caterer who operated
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