IRS Issues Guidance for American Rescue Plan Changes to the CTC, EITC, and APT

The Internal Revenue Service has released guidance that hikes interest rates and other inflation-adjusted items due to changes driven by the American Rescue Plan Act of 2021 (ARPA).… Read more about IRS Issues Guidance for American Rescue Plan Changes to the CTC, EITC, and APT (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Tax Credits Available to Small Businesses Providing Paid Leave for COVID Vaccinations

The American Rescue Plan Act of 2021 (ARP) allows small and midsize employers—even certain governmental employers—to claim tax credits that reimburse the cost of providing paid sick and family leave related to COVID-19 to their workers.… Read more about Tax Credits Available to Small Businesses Providing Paid Leave for COVID Vaccinations (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…