Employee Retention Credit Updated by the American Rescue Plan

The sweeping American Rescue Plan Act of 2021 may have greenlit the third round of economic impact payments, but it also includes changes to several tax credits—many of which were designed to provide relief to struggling Americans whose finances took a hit during the pandemic. One of those affected tax credits helps both employees and businesses: the employee retention credit, or ERC.… Read more about Employee Retention Credit Updated by the American Rescue Plan (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Now Sending EIP Checks, Debit Cards

The Internal Revenue Service says more Economic Impact Payments (EIP3) are coming this week—a second round that will include paper checks and prepaid debit cards.… Read more about IRS Now Sending EIP Checks, Debit Cards (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…