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The $1.9 trillion American Rescue Plan Act of 2021 was signed into law this week. The law makes an additional $7.25 billion available for the Paycheck Protection Program and expands eligibility to most 501(c) nonprofit organizations. It does not, however, change the program’s March 31 expiration date. The law also extended the Employee Retention TaxRead more

On Monday, December 21, the U.S. Senate approved a deal on a $900 billion stimulus package that provides much-needed aid for small businesses, schools and unemployed Americans. The legislation was passed with a 92 to 6 vote following weeks of intense debates. Efforts to pass economic relief measures in the weeks leading to the presidentialRead more