** NOTE: With COVID-19 resurging, we are working remotely part-time & by appointment.
The American Rescue Plan Act of 2021 was signed into law by President Biden on March 11, 2021. The ARPA is a $1.9 trillion economic stimulus package designed to provide immediate financial relief to families and workers affected by the COVID-19 pandemic.
The package includes a third round of Economic Impact (stimulus) Payments, extending unemployment compensation, continuing eviction and foreclosure moratoriums, as well as increasing and expanding the now fully refundable Child Tax Credit. It also provides much needed funds for state and local governments to help offset lost tax revenues and pandemic response expense, money for schools to employ precautions to safely reopen, and subsidizes COVID-19 testing and vaccination services.
President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act allocates $2.2 trillion for assistance to individuals, business, and hospitals economically impacted by the Coronavirus (COVID-19) pandemic.
What does that mean for you individually? Answers to many of the most commonly asked questions regarding
the stimulus credit, unemployment benefits, student loans, retirement accounts and more are provided below.
Do you have a small business that is now struggling or has been forced to close its doors? There are financial aid provisions designed
with you in mind as well. Loan and payroll credit options will help qualifying businesses meet payroll, pay the rent and more.
To further help people facing the challenges of COVID-19 issues, the Internal Revenue Service has announced
the People First Initiative . This program provides relief to taxpayers on a variety of issues ranging from easing
payment guidelines to postponing compliance actions.
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