New Stimulus Bill For Business
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I know there are many concerns about the nation s national debt and ongoing impact on deficits.
New stimulus bill for business. Help is on its way. Once passed agencies may require some time to launch and implement these programs. The new bill allows the ertc to be used in conjunction with ppp as long as it s used for wages not paid with ppp funds.
The new bill has many benefits for your small business regardless of if you ve been impacted by covid 19 or not. But the money has been allocated and if you feel like your business could use the help reach out for support. 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.
Separate from the stimulus package the tax credit is for 50 of up to 10 000 in wages for each employee if a business has been hurt by covid 19 according to the irs. New stimulus bill brings ppp aid tax relief to small business. We ve highlighted what the new coronavirus relief bill might mean for your small business.
Dec 22 2020 by anita campbell in small business news 2. The 900 billion package provides more relief beyond the 600 checks that have become the focus in washington. The second stimulus bill the economic aid to hard hit small businesses nonprofits and venues act has been passed by congress and signed into law by president trump.
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