The Cetera Advanced Planning Group has released an overview of the American Rescue Plan Act of 2021. This provides explanation and analysis on how this may affect your financial planning interests.
This overview provides information on:
- Child tax credit
- Earned income credit
- Dependent care relief
- Student loan forgiveness
- Unemployment tax benefits
- Employer payroll tax and employee retention credits
- Special retirement provisions
- COVID-19 relief special treatment for SBA grants and loans
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As always, please reach out to the office if you have any questions.
This communication is designed to provide accurate and authoritative information on the subjects covered. It is not however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.