Stimulus Bill Small Business Provisions
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The 900 billion covid 19 stimulus bill of december 2020 improves the paycheck protection program ppp2.
Stimulus bill small business provisions. The stimulus package is finally here with just days left in 2020. First the bill addresses surprise medical bills in certain situations including. Congress took its time and president donald trump held it up but a new stimulus package was finally signed into law on sunday night.
If you are a small business owner the covid 19 stimulus package that congress passed on monday evening december 21 2020 has some very good news. Provides tax deductions and other relief. The new stimulus bill consolidated appropriations act of 2021 passed at the end of 2020 contains many provisions designed to help small businesses still struggling in the wake of the covid 19 pandemic.
Congress has passed a new stimulus bill consolidated appropriations act of 2021 that contains many provisions designed to help small businesses that continue to struggle in the wake of the covid 19 pandemic. On wednesday the senate passed a 2 trillion stimulus package to stabilize the american economy during the coronavirus crisis and more than 300 billion of that is earmarked for small. If you are a small business owner the covid 19 stimulus package that congress passed on monday evening december 21 2020 has some very good news.
Here are the most important provisions for small business owners. There is welcome relief for small businesses. It s a giant last minute bill some 5 593 pdf pages long but fortunately you don t have to read the whole thing.
In addition to more paycheck protection program funds available congress passed tax relief for small businesses. Fortunately it contains some help for small business owners.
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