Just before midnight on Monday, Congress passed a law enabling $920 billion in stimulus and relief to fight the economic devastation caused by the pandemic. The new legislation is imminently expected to be signed by President Trump and will be the fifth piece of major legislation  enacted in response  to the COVID pandemic.

It will fund expanded unemployment benefits, recovery rebates, school programs, transportation spending, COVID testing and vaccines, and relief for small businesses. Consistent with our firm’s focus, here’s a roundup of what small business owners need to know right now.