---
title: Overview of $900 Billion COVID-19 Relief Bill | SVA CPA
description: The Consolidated Appropriations Act of 2021 (CAA) contains billions of dollars in additional stimulus funding in response to COVID-19. Here's an overview.
---

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# [Overview of $900 Billion COVID-19 Relief Bill | SVA CPA](https://accountants.sva.com/biz-tips/overview-of-900-billion-covid-19-relief-bill-sva-cpa)

 Written by [Daniel Glomski, CPA, ABV, CVA, MST](https://accountants.sva.com/biz-tips/author/daniel-glomski) | Jan 14, 2021

The Consolidated Appropriations Act of 2021 (CAA) was signed into law in late December. The sprawling legislation contains billions of dollars in additional stimulus funding in response to the COVID-19 pandemic, as well as numerous unrelated provisions. 

### For Businesses, the Provisions Include:

- Paycheck Protection Program
- Other financial assistance - EIDL
- [Employee Retention Credit](https://accountants.sva.com/tax-ealerts/employee-retention-credit-you-could-be-leaving-money-on-the-table)
- Deferred [payroll taxes](https://accountants.sva.com/tax-ealerts/president-issues-executive-order-deferring-payroll-taxes)
- Non-COVID-19 disaster relief
- [Business meals deduction](https://accountants.sva.com/biz-tips/fully-deduct-business-meals-this-year)
- Retirement plans
- [Charitable deductions](https://accountants.sva.com/biz-tips/strategies-for-tax-effective-charitable-giving)
- Tax extenders

### For Individuals, the Provisions Include:

- Recovery rebates
- Unemployment benefits
- Housing relief
- Retirement relief
- Earned income and child tax credits
- Medical expense deductions
- Charitable contributions
- Student loans
- Education tax credits
- Discharged mortgage debt
- Flexible Spending Accounts

### *Download the full guide which provides details on each of these key provisions.*

<https://accountants-info.sva.com/covid-19-economic-relief-bill-overview>

 

*© 2021*

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