Home
0
Home
Use Landscape to see Search/Filter
Item Types:
Field of Study:
Authors:
CPE Hours:
Keyword:
Course Details

American Rescue Plan Act of 2021 (Course Id 1849)

New / QAS / Registry / EA   Add to Cart 
Author : Andrew Clark, EA
Status : Production
CPE Credits : 5.0
IRS Credits : 5
Price : $44.95
Passing Score : 70%
Course Type: NASBA QAS - Text - Technical - NASBA Registry - IRS Enrolled Agents
Primary Subject-Field Of Study:

Taxes - Taxes for Course Id 1849

Description :

The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package, is a $1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021.

This act was passed to speed up the United States' recovery from the economic and health effects of the COVID-19 pandemic and the ongoing recession.

This legislation was first proposed on January 14, 2021, the package builds upon many of the measures in the CARES Act from March and in the Consolidated Appropriations Act, 2021, from December.

Usage Rank : 0
Release : 2021
Version : 1.0
Prerequisites : Basic understanding of federal tax code.
Experience Level : Overview
Additional Contents : Complete, no additional material needed.
Additional Links :
Advance Preparation : None.
Delivery Method : QAS Self Study
Intended Participants : Anyone needing Continuing Professional Education (CPE).
Revision Date : 23-Jun-2021
NASBA Course Declaration : Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.
Approved Audience :

NASBA QAS - Text - Technical - NASBA Registry - IRS Enrolled Agents - 1849

Keywords : Taxes, American, Rescue, Plan, Act, 2021, cpe, cpa, online course
Learning Objectives :

Course Learning Objectives

At the end of this course, students will be able to:
  • Identify the amount provided via direct deposit for individuals
  • 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
  • Distinguish the maximum amount of employees businesses may employ to remain eligible for the Paycheck Protection Program (PPP)
  • Identity the amount of funds allocated for restaurants, bars, and other eligible providers of food and drink
  • Identify the amount of funds provided for the Veterans Health Administration (VA) to provide healthcare services and related support to eligible veterans
Course Contents :

Chapter 1 - American Rescue Plan Act of 2021

Course Learning Objectives

Introduction

Key Elements of the Act

Tax provisions

Grants to small businesses

Education funding

Funding for housing

COVID-19 and Healthcare Funding

Transportation provisions

Changes to healthcare

Medicaid and CHIP changes:

State and Local Aid

The Child Tax Credit stimulus changes

New Child Tax Credit 2021 changes

Credit amount increases

New Child Tax Credit change #1: Credit amount increase

New Child Tax Credit change #2: Expanded Credit phaseout

New Child Tax Credit change #3: Credit amounts are refundable

New Child Tax Credit change #4: New advance payments

Offsets and additional information

Part 1 Review Questions

American Rescue Plan Act of 2021 in More Detail

Key elements of the Act

Tax provisions

Grants to small businesses

Education funding

Funding for housing

COVID-19 and Healthcare Funding

Transportation provisions

Changes to healthcare

Medicaid and CHIP changes:

The Child Tax Credit stimulus changes

New Child Tax Credit 2021 changes

Credit amount increases

New Child Tax Credit change #1: Credit amount increase

New Child Tax Credit change #2: Expanded Credit phaseout

New Child Tax Credit change #3: Credit amounts are refundable

New Child Tax Credit change #4: New advance payments

Part 2 Review Questions

Glossary

CPE Taxes Course: https://www.cpethink.com/tax-cpa-courses
Thank you for taking one of our free courses. We would like to be able to let you know when we add free courses or have special offers and will never spam you or share your address with anyone. If you are Ok with that please reply with "Ok" or if not please reply "No Thanks". Either way enjoy your free CPE course.
  
Exam completed on .

Do you want to add the course again?