ARPA provides more than
just direct payments to taxpayers
The American Rescue Plan Act was signed into law on March 11. It includes numerous tax-related provisions, such as enhancements to certain child-related breaks and extensions of many provisions providing COVID-19 relief.
CAA includes COVID-19 relief
and significant tax provisions
On Dec. 21, Congress passed the Consolidated Appropriations Act, which includes numerous COVID-19 relief provisions for businesses and individuals, as well as extensions and expansions of some other tax breaks.
Can your business benefit from the enhanced employee retention credit?
The employee retention tax credit is enhanced and extended by the Consolidated Appropriations Act and the American Rescue Plan Act.
The CAA revises education tax credits and deductions
In addition to providing COVID-19 relief, the Consolidated Appropriations Act made changes to certain higher education tax benefits.