As you read, remember that our team at Blue Fox is happy to answer questions, provide assistance with PPP applications and forgiveness, and help your organization navigate the pandemic’s financial challenges.
On December 21st, the U.S. Senate and House of Representatives passed the $900 billion COVID-19 relief bill: Consolidated Appropriations Act, 2021. [Warning: it’s 5,593 pages… speed readers only!]
So, what does it mean for you?
Here is a brief recap of the key takeaways, as summarized by the Journal of Accountancy. (Yes, we summarized a summary, just for you.)
Key takeaways for individuals and self-employed:
Key takeaways for small business, nonprofits, not-for-profits:
The new COVID-19 relief bill also:
For more details read: COVID-19 relief bill addresses key PPP issues by Journal of Accountancy or visit U.S. Small Business Association PPP Resource Page.
Or, Just Ask Blue Fox For Help!
Our team is happy to answer questions, provide assistance with PPP applications and forgiveness, and help your organization navigate the pandemic’s financial challenges. Give us a call at (321) 233-3311, schedule a phone call, or email firstname.lastname@example.org.
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