Stimulus Package Update For Business

It s a giant last minute bill some 5 593 pdf pages long but fortunately you don t have to read the whole thing.

Stimulus package update for business. With the recent passing of a 900 billion stimulus bill by congress individuals and small businesses that continue to be impacted by the covid 19 pandemic may soon receive some additional assistance. Congress took its time and president donald trump held it up but a new stimulus package was finally signed into law on sunday night. For the latest information on the recent stimulus package register here for our third small business update event which will take place on tuesday january 19 at 2 p m.

Fortunately it contains some help for small business owners. 100 deduction for business meals. For more information see second stimulus package s relief for small businesses.

House pushes senate to approve 2 000 stimulus checks the relief package casts a wide net with a variety of measures aimed at addressing the needs of millions of americans. For 2021 and 2022 only 100 of the cost of meals and beverages business owners have with customers clients employees and other business associates in restaurants bars and similar establishments are deductible as a business expense. A new round of covid 19 relief loans will be available after president donald trump signed the stimulus package sunday night.