The $1.9 trillion American Rescue Plan extends and expands some of the existing programs that allow small businesses to claim tax credits to help them weather the COVID-19 pandemic. Here are some of the key changes.

Small businesses can take advantage of numerous tax relief measures including two newly updated pandemic recovery tax credits.

The Paycheck Protection Program is set to end March 31, 2021 – but this isn’t enough time for small businesses to take advantage of the crucial program. A new bill in both houses of Congress would extend the application window for several months.

Death taxes, also called estate taxes, have long been a serious concern for many small business owners – thankfully, a bill in Congress would put an end to the federal estate tax.

Now that the U.S. House has approved the legislation, the U.S. Senate may soon consider the PRO Act, a dangerous bill overwhelmingly opposed by small businesses. Here are the three biggest problems with it.