6 Ways to Prepare for the Next Round of PPP

If President Trump signs the latest Covid-19 relief bill into law in its current form–no guarantee given his erratic tweeting–it could usher in hundreds of billions in new aid for small businesses and individuals.

The roughly $900 billion package extends a number of crisis-era small business programs such as the Economic Injury Disaster Loan program, providing working capital for struggling businesses, as well as the Employee Retention Tax Credit, a tax break that amounts to 70 percent on each employee’s first $10,000 in wages per quarter (for as much as $14,000 per employee).

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