In the face of opposition from moderate Democratic Senators, the Build Back Better Act did not pass in 2021; what is the future of the BBBA?
American Rescue Plan
HHS is making available $25.5 billion in new healthcare provider relief funding for those affected by the pandemic, with a focus on equity.
The American Rescue Plan Act of 2021 – or ARPA – includes expansion of the Child Tax Credit as well as the Child and Dependent Care Tax Credit.
ARPA was signed into law by President Biden on March 11, 2021. The COVID-19 Relief package is one of the largest in U.S. history, with significant impact on both individuals and businesses.
The “American Rescue Plan” $1.9 trillion COVID-relief bill / stimulus package is headed to President Biden to sign, and looks to make tax filing even more complex.