Understanding the American Rescue Plan Act of 2021

The American Rescue Plan Act of 2021 has been passed and signed into law. The $1.9 trillion bill expands on previous COVID-19 relief bills and includes a number of tax provisions, a third round of stimulus checks, enhancements to tax credits and changes related to retirement plan funding.

We hosted a webinar to discuss key content of the bill as well as any other questions our audience had regarding the new legislation

Some of the topics addressed were the following:

• What specific impacts the bill will have on ERC and PPP
• Tax implications of the bill
• What changes our team is expecting in the coming months 
• Next steps to consider 
• Audience Q&A