NJCPA IssuesWatch Podcast

NJCPA IssuesWatch Podcast


61: COVID-19 Relief Package Rundown

December 23, 2020

Congress passed a $900 billion coronavirus relief bill on Dec. 21. A day later, President Trump voiced his displeasure with some of the measures in the bill. While it remains to be seen whether any amendments will be made to the bill, here’s a rundown of the business and individual relief measures currently in the bill – including a new round of PPP loans, direct stimulus payments to individuals, extension of unemployment benefits and a number of tax provisions.