AccountingWEB republished a tax flash by Principal Michael D’Addio, explaining what to know about President Biden’s American Rescue Plan.
By Michael D’Addio, Principal, Tax & Business Services
President Biden has released the details of his COVID-19 “American Rescue Plan” (ARP), which has an estimated cost of $1.9 trillion. This plan is apparently a first step in providing immediate relief and is expected to be followed by a stimulus bill that will focus on improving the economy.
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