The American Rescue Act FLEXCAST

Overview

On March 11th, the President signed The American Rescue Act, a $1.9 Trillion economic stimulus package. The legislation is about 600-pages long and includes many tax provisions. This course will provide an overview of the Act and a detailed analysis of the business and tax provisions.

Highlights

Unemployment Provisions. Targeted EIDL Advance. Support for Restaurants. Child Tax Credit.

Prerequisites

None.

Designed For

CPAs, financial professionals, enrolled agents and attorneys.

Objectives

Further modifications to the paycheck protection program. 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.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.