Forbes has published an article, “Breaking Down The Tax Provisions Of The American Rescue Plan Act,” which unfolds an episode from Tax Notes Talk that discusses the impact of the new coronavirus relief package with Martin A. Sullivan and Tynisa Gaines. The article begins as follows:
David Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: tax tapas. On March 11 President Biden signed into law the American Rescue Plan Act of 2021, a $1.9 trillion coronavirus relief package designed to help boost the economy and combat the effects of the virus. But sprinkled throughout the new law is a wide variety of tax changes ranging from a third round of economic impact payments to the expansion of the employee retention credit.
Click here to see full article: Breaking Down The Tax Provisions Of The American Rescue Plan Act.
Posted by Jessica Ji, Associate Editor, Wealth Strategies Journal.