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With recent legislation to help small businesses deal with the impact of the coronavirus pandemic, it has become very confusing to keep all the eligibility rules straight and the types of relief small business owners can receive. 

This checklist covers the following key planning points related to:

  • Eligibility issues for PPP and EIDL programs
  • The types of relief qualifying business owners can receive from various programs.
  • How loan forgiveness works
  • The extent to which these programs work in conjunction with each other
  • Key points of the Employee Retention Credit
  • Key points of payroll tax deferral