American Rescue Plan Act/Stimulus 3.0: Huge changes in the midst of tax season — and what they mean to you
American Rescue Plan Act/Stimulus 3.0: Huge changes in the midst of tax season — and what they mean to you Allen Beatty - Contributing columnist President Biden signed the American Rescue Plan Act of 2021 on March 11. I tend to label this as “Stimulus 3.0” as the most notable item is the direct payments coming soon of $1,400 to certain citizens. In fact, one of my clients already received their payment as early as Saturday, March 13! However, there are many more provisions in this law than just the direct payments. This article is not meant to be a full explanation of the act. Rather it...