What the American Rescue Plan Act Means for You!
The $1.9 trillion American Rescue Plan (ARP) has many parts to it. The ARP was enacted on March 11, 2021 and some aspects have already gone into action. With something this large, it is difficult to truly understand what it will do unless you look at its different components.
That is what we
will do. Over the next few posts, we will discuss how the ARP changes things. It was designed to essentially touch some
aspect of our lives, from COVID
vaccines to unemployment payments, and increases to different tax credits. Some
have been talked about at length, others are less well known and the effects
may only be seen in the near future. Our next post will discuss how the
Internal Revenue Service (IRS) will be impacted by the ARP.
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