Comprehensive Coronavirus Legislation - Updated for 2023
SKU: 06-344-01-CPE
Credit Hours: 3
CPE Category: Taxes
CE Category: Federal Tax
Delivery Method: Online Video
Instructor: Andrew Clark, EA.
Course Description:
This course will provide an overview of the American Rescue Plan Act, the Consolidated Appropriations Act, and the CARES Act which were meant to address the hardships caused by the coronavirus pandemic. It will also provide a detailed look into the latest bill enacted from the three, the American Rescue Plan Act, and how that bill has affected the wider tax landscape within the U.S.
At the end of this session, 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
- Identify the amount of funding allocated to various programs within the Consolidated Appropriations Act.
- Identify which Division of the Consolidated Appropriations Act is meant to help which industries and individuals.
- Identify the amount of funding allocated for the various programs within the CARES Act including the Paycheck Protection Program
- Determine what the different provisions under the CARES Act are designed to perform
- Identify the maximum amounts of taxpayer income before being phased out of rebates
- Determine the maximum amount of employees an employer may have before losing employee retention credit capabilities