Contact Us Follow Us :       | Find Us |
CBIZ Tofias

Subscribe to Our Blog

Client Satisfaction Survey Results

ClientSatisfaction_new

Follow Us

Biden Stimulus Plan Crosses the Finish Line
Posted by Eric Strawder on Wed, Mar 10, 2021 @ 11:25 AM

Despite several obstacles, President Biden’s stimulus plan was successfully shepherded through both chambers of Congress using the tricky budget reconciliation process and was officially signed into law on March 11, 2021. At $1.9 trillion, the American Rescue Plan (ARP) Act is slightly smaller than the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act, but is larger than the $920 billion Consolidated Appropriations Act, 2021 (the Act) passed at the end of the last year. The ARP Act follows the general contours of the previous stimulus legislation in that it provides Recovery Rebate payments to individuals, expanded and extended unemployment benefits, and loans and grants for eligible business. However, the tax portions of the ARP Act bear some notable differences from the previous stimulus plans. These differences are discussed in depth below.

Read More

Topics: student loan forgiveness, Eric Strawder, Business Tax Provisions, paid sick time, Paid Family Leave, Employee Retention Credits, Stimulus, Biden, Joe Biden, American Rescue Plan (ARP) Act, ARP Act

Comparing the Trump and Biden Tax Plans
Posted by Bill Smith on Tue, Jul 21, 2020 @ 03:15 PM

The 2020 presidential campaign between President Trump and former Vice President Joe Biden has mostly been sidelined as the country continues to grapple with the COVID-19 (coronavirus) pandemic. With November fast approaching, attention will soon shift toward the presidential race, where both candidates seek to distinguish their policies and initiatives. One place where the candidates stand far apart is on taxes.

Read More

Topics: IRS, Taxes, Donald Trump, Trump Tax Plan, Coronavirus, Biden, #taxplan, Joe Biden

Popular Posts

Browse by Tag

see all

Archive

see all