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Latest COVID Relief Bill and What’s in it for Business

Wednesday, December 30th, 2020

As discussed in a recent article, Congress has passed a $900 billion pandemic relief package, combining coronavirus-fighting funds with financial relief for individuals and businesses. The bill was approved on the evening of December 21 and went to President Trump for his signature.

We addressed the highlights of this second major relief bill in our final webinar in 2020! On Wednesday, December 30 at 2pm EST,  McKonly & Asbury Partners, David Blain and Mark Heath discussed the COVID and tax-related sections of this $2.3 trillion budget bill, including: stimulus checks, Paycheck Protection Program (PPP) loans, expansion of the Employee Retention Credit, and more.

During this webinar, attendees received:

  • An update and guidance on PPP2
  • Clarity on taxation matters regarding PPP funds
  • Revised guidance on the Employee Retention Credit and other tax matters

You can download a copy of the slides here.

This free, one hour-long webinar took place on Wednesday, December 30 at 2:00 p.m. EST. One “Tax” CPE credit was available for this webinar. The level for this CPE was basic and there were no prerequisites for attending. This program was a live webinar which offered the opportunity to ask questions and interact with the presenters.

If you have any questions regarding the material covered in this webinar, please contact us.


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