The American Rescue Plan Act passed on March 11, 2021, expanded the child tax credit (CTC) for the 2021 tax year for certain families.
Tax Credit
5 posts
In March of 2021, Congress passed the American Rescue Plan Act (ARPA) and expanded the Child Tax Credit (CTC) temporarily.
Employers can begin taking advantage of refundable tax credits to reimburse them for the costs of providing leave taken by employees to receive or recover from COVID-19 vaccinations.
On March 18th, President Trump signed the Families First Coronavirus Response Act (the Act).
The Tax Cuts and Jobs Act (TCJA) created more than 100 new tax provisions — a staggering thought as you begin to prepare for the next filing season.