Tax,
Labor/Employment
Jan. 7, 2021
Tax rules changed in the latest stimulus package for COVID-19 relief
On Dec. 27, President Donald Trump signed the Consolidated Appropriations Act 2021, the second largest stimulus package passed last year following the $2 trillion Coronavirus Aid, Relief, and Economic Security Act approved in early 2020.
Phil Jelsma
Partner and Chair of the Tax Practice Team
Crosbie Gliner Schiffman Southard & Swanson LLC (CGS3)
Email: pjelsma@cgs3.com
Phil is chair of the tax practice team at CGS3. He is recognized as a leading joint venture and tax attorney, with a 30-year background in real estate exchange transactions, syndications, nonprofit corporations and international tax planning.
On Dec. 27, President Donald Trump signed the Consolidated Appropriations Act 2021, the second largest stimulus package passed last year following the $2 trillion Coronavirus Aid, Relief, and Economic Security Act approved in early 2020. This latest spending bill authorizes additional COVID-19 relief legislation and funds the federal government through Sept. 30, 2021, making important changes to the Paycheck Protection Program. In addition to revitalizing the PPP loan...
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