This course provides an overview of the American Rescue Plan Act, the Consolidated Appropriations Act, and the CARES Act which were meant to address the hardships caused by the coronavirus pandemic. It will also provide a detailed look into the latest bill enacted from the three, the American Rescue Plan Act, and how that bill has affected the wider tax landscape within the U.S.
Learning Objectives
- Identify the amount provided via direct deposit for individuals.
- Discover and distinguish the FPUC benefit amount.
- Identify the age of eligibility for the childless Earned Income Tax Credit (EITC).
- Identify the increase maximum amount for Child Tax Credit.
- Identify the amount of funding allocated to various programs within the Consolidated Appropriations Act.
- Identify which Division of the Consolidated Appropriations Act is meant to help which industries and individuals.
- Identify the amount of funding allocated for the various programs within the CARES Act including the Paycheck Protection Program.
- Explore and determine what the different provisions under the CARES Act are designed to perform.
- Identify the maximum amounts of taxpayer income before being phased out of rebates.
- Discover and determine the maximum amount of employees an employer may have before losing employee retention credit capabilities.
Last updated/reviewed: July 25, 2024
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Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Andrew ClarkInstructor