In this rapidly changing environment, new programs, legislation and guidance are being issued constantly. It can be challenging to keep up with all of the developments, especially when coupled with the daily demands of implementing different ways of operating.
Accessing relief and ensuring compliance are important, and a number of issues in these areas are top of mind for higher education institutions, including:
- Changing procedural tax requirements (such as filing deadline extensions, NOLs and pending IRS guidance and legislation)
- The CARES Act payroll provisions, including the Employee Retention Credit (ERC)
- Accessing and implementing resources from the Higher Education Emergency Relief Fund
- The FEMA Assistance program and how it applies to Higher Education institutions alongside insurance and grants.
This one-hour webcast replay is focused on these key areas and the specific potential implications for the higher education sector.
KPMG leverages our experience serving more than 200 colleges and universities across the country to provide valuable insights.
COVID-19: Responding with resilience and readiness
The rapid spread of COVID-19 has introduced new challenges across the business landscape. Working together, KPMG can help business leaders respond with practical and informed approaches to navigate uncertainty and gain clarity in changing times.