Overview of Latest COVID-19 Relief Package

On Dec. 27, 2020, the president signed into law the Consolidated Appropriations Act, 2021. This massive piece of legislation includes a $900 billon COVID-19 relief package that provides additional assistance for small businesses, extends unemployment insurance benefits, delivers stimulus checks to individuals, and extends and expands several existing tax provisions.

• Paycheck Protection Program (PPP)
  • PPP Expense Deduction Reinstated
  • PPP Round 2 Funding Process
• Employee Retention Tax Credit
• Stimulus Payments to Individuals
• Other Tax-Related Provisions

Visit the KSM COVID-19 Resource Center