Episode Synopsis "American Rescue Plan Act 2021: Impact on Taxpayers and Key Issues to Understand"

Chapters:1:10 - Address the postponed deadline for Form 10406:45 - Walk through key individual tax provisions contained in ARPA14:55 - Continue to business tax provisions contained in ARPA17:40 -Identify changes to the Employee Retention Credit program25:37 - Highlight state and local income tax implications----------------------------------------------------------------------------------------------------Join us and listen in as our roundtable of tax leaders discuss the American Rescue Plan Act, 2021 (“ARPA”) and comment on the recent announcement from the IRS postponing the tax filing due date.  The team will address which taxpayers are impacted and what additional issues are raised by the new legislation.  Walk through key tax provisions contained in ARPA Identify changes to the Employee Retention Credit program Highlight state and local income tax  compliance issuesSpeakers:Brooks Nelson, Tax Partner, Tax Advisory Group LeaderCatherine Stanton, Tax Partner, State and Local Tax Group LeaderMartin Karamon, Tax Principal, Federal Tax Credits and IncentivesSarah McGregor, Tax Director, Federal Tax Services

Listen "American Rescue Plan Act 2021: Impact on Taxpayers and Key Issues to Understand"

More episodes of the podcast Cherry Bekaert: Tax Services

• Virginia PTET Election Guide: Key Benefits and Tips
• How To Take Advantage of Pass-Through Entity Tax in North Carolina
• How Does the Georgia Pass-Through Entity Tax Election Work?
• What the New Audit Technique Guidelines Mean for Cost Segregation?
• Hot Topics in Cost Segregation
• How Best to Document the R&D Credits For Your Technology Investments
• The Benefits of using a CPA Firm to Perform Credits & Incentives Projects
• Clearing Up Confusion about the Employee Retention Credit
• How and Why to Apply for PPP Loan Forgiveness Now
• American Rescue Plan Act 2021: Impact on Taxpayers and Key Issues to Understand
• Employee Retention Credit for Law Firms
• Employee Retention Credit: What is It, Who Qualifies and How to Claim It
• A Look Into Biden’s 100-day Tax Plan Initiatives