Overview
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Unemployment Provisions
6 mins
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Targeted EIDL Advance
12 mins
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Support for Restaurants
17 mins
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2021 Recovery Rebates to Individuals
27 mins
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Exclusion for employer provided Dependent care assistance
39 mins
Course Description
Congress is intent and poised to pass additional coronavirus relief this week. This $1.9 trillion economic stimulus package, The American Rescue Plan Act of 2021, allocates money to a wide variety of programs. The legislation is anticipated to be about 600-pages long and includes many tax provisions.
This online CPE webinar for CPAs and Tax professionals discusses the following key points:
- Further modifications to the PPP and ERC
- The Impact on 2020 returns and the need to amend 2020 returns
- Targeted EIDL advances
- Support for restaurants
- Further aid for shuttered venue operators
- A third-round of recovery rebates for individuals
- Improvements to the child tax credit, earned income tax credit, and dependent care tax credit
- Extension and expansion of paid sick and family leave credits
- Further extension of the employee retention credit and recent ERC Notices
- Recent PPP and ERC Developments
Recommended for:
This CPE webinar is for CPAs, EAs, Accountants, Financial Planners and other Tax professionals. It discusses what they need to know before filing the next return. This online CPE tax webinar is 'A Must Know Tax Season Curveball'!
Learning Objectives
- To understand what to watch for when preparing 2020 tax returns
- To discuss the benefit available to small business owners
- To identify the people qualifying for directly benefit from the aid
- To explore the financial impact of the $1.9 trillion stimulus package on various sectors
- To discuss the benefit expected for individuals
Who Should Attend?
- Accountant
- Accounting Firm
- Accounting Managers
- Bookkeepers & Accountants & Tax Preparers
- CPA (Industry)
- CPA - Mid Size Firm
- CPA - Small Firm
- CPA in Business
- Enrolled Agent
- Entrepreneurial CPA
- Senior Accountant
- Staff of Accounting Firm
- Tax Accountant (Industry)
- Tax Attorney
- Tax Director (Industry)
- Tax Firm
- Tax Managers
- Tax Practitioners
- Tax Preparer
- Tax Professionals
- Tax Pros
- Young CPA