• Shelly Dercole, CPA

COVID-19 Emergency Relief

Updated: Jan 13


On December 28th, 2020, President Trump signed the $2.3 trillion coronavirus relief and government funding bill into law. The bill contained both changes to the Paycheck Protection Program (PPP) and a second round of the Paycheck Protection Program (PPP2).


In this short COVID-19 Emergency Relief video, we break down the additional emergency pandemic relief, including:

  • Individual payouts

  • Requesting funds on 2020 tax return

  • Unemployment benefits

  • Tax-deductible expenses covered by forgiven PPP loans

  • New PPP2 funds

  • Emergency assistance to renters

  • Relief for hard-hit industries

  • Education and student loans




















If you have questions on the latest round of emergency relief or anything else, we are always here to help.

Click Here to see the full list of our Covid-19 Resources


McHenry

5400 West Elm Street

Suite 203

McHenry, IL 60050

(815) 344-1300

(815) 344-1320 Fax

Barrington

760 West Main Street

Suite 100

Barrington, IL 60010

(847) 382-3366

(847) 382-0608 Fax

Hours

Monday - Friday

8:00 AM - 4:30 PM

Hours

Monday - Friday

8:00 AM - 4:30 PM

Gurnee

6071 Washington Street

Unit B

Gurnee, IL 60031

(847) 336-6455

(847) 336-9594 Fax

Hours

Monday - Friday

8:00 AM - 4:30 PM

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