Biden signed into law the American Rescue Plan Act of 2021 on March 11, 2021. The $1.9 trillion economic relief package is not the first federal legislative relief package aimed at addressing the economic fallout of the COVID-19 pandemic, but it is the first major...
stimulus package
New Business Tax Changes and Extenders in Most Recent Stimulus Package
The Consolidated Appropriations Act, 2021 (Act) was passed by Congress on December 21, 2020, and signed by President Trump on December 27, 2020, granting further Covid-19 relief. This article highlights some of the tax changes and extenders that will be of interest to...
Bipartisan Senators Propose $908 Billion Pandemic Relief Bill. Here’s What’s Included.
A group of 10 centrist lawmakers recently unveiled an approximately $908 billion economic relief plan, which has brought life back into stalled talks centered around pandemic relief packages. A second stimulus check, funding for state and local budgets, as well as...
As Economic Relief Talks Stall, Try These Financial Resources for Small Businesses
The Covid-19 pandemic continues to create financial frustrations for small businesses nationwide. With talks of a second economic stimulus at a standstill among government leaders, small-business owners looking for financial assistance need to find additional...
What Could Be Included in the Next Stimulus Package?
When Congress returns to Washington on July 20th after a two-week recess it will begin working on legislation for a second stimulus package. General consensus is that a second package will indeed move forward, but there are still a lot of unknowns. Here’s what the...
COVID-19 and Your Retirement Funds – Maximize Savings Where You Can
For retirees, whether long-term, recently retired, or soon-to-be, the pandemic has shined a light on a retirement system that was broken long before "COVID-19" was part of our vocabulary. Thanks to the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed...
Is Your Business Eligible for a Small Business Loan with the Stimulus Package?
The Federal government is providing unprecedented relief to small businesses affected by the COVID-19 pandemic during this historical and tumultuous time of economic unrest. Below is an overview of the two main loans available to small businesses—the Economic Injury...