Coronavirus-related relief packages
An overview of resources available to businesses through legislation
The federal government has passed several pieces of legislation to provide aid to businesses navigating the coronavirus pandemic. These packages include the Coronavirus Aid, Relief and Economic Security Act, which went into effect in spring 2020, and the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act, which Congress passed in December 2020 as part of the Consolidated Appropriations Act, 2021.
Eligibility for resources under each of these programs varies based on business size and other criteria, and there are important tax implications that business leaders should understand if they seek aid through these options.
Find information below on what these aid packages mean for midsize businesses.
The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act
The CARES ACT
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