Congress Passes New Stimulus Bill

At Gettry Marcus CPA, P.C. we continue to stay up to date on the recent developments regarding the relief efforts put forth by Congress with respect to the Covid-19 pandemic. On December 27, 2020, the President signed into law the new Emergency Relief Bill of 2020.

See the below link from the Journal of Accountancy for a summary of the new legislation as it affects PPP loans:

If you would like additional information on specific impacts to your business contact Gabe Shurek or Nicholas Backmann, the authors of this article.