The third major pandemic relief bill was signed into law on March 11, 2021. This new legislation aims to help individuals, businesses and organizations. This is a $1.9 trillion package, which brings the overall combined three relief packages to over $5 trillion. The bill includes some anticipated measures such as direct payments to individuals, but it also included some unexpected measures, such as changes to the Affordable Care Act, which may particularly impact business owners.
We’ve chosen to focus on changes that specifically impact business owners and their employees. These changes include: