American Rescue Plan Act

The American Rescue Plan Act (ARPA) of 2021 was recently passed. Below, please find a few items that may affect your individual income tax returns. Unemployment received in 2020 is partially excluded from income for some taxpayers – $10,200 of unemployment income will be excluded from gross income if your adjusted gross income for the …

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President Biden signed the American Rescue Plan Act which has a number of favorable updates to the existing payroll credits as well as new legislation. Below are the items which will likely impact you as the employer: Extends the Family First Coronavirus Response Act (FFCRA) paid sick time and paid family leave credits from March …

American Rescue Plan Act- Payroll Provisions and New Legislation Read More »