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American Rescue Plan Act (ARPA) Cover LetterRequest for Qualifications (RFQ) for Landscape Architecture Services July 13, 2023Re: American Rescue Plan Act (ARPA) Request for QualificationsDear Engineering
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The American Rescue Plan Act is a $1.9 trillion economic stimulus bill enacted in March 2021 aimed at providing financial relief to individuals and businesses affected by the COVID-19 pandemic.
Individuals and entities that received certain types of financial assistance or benefits outlined in the American Rescue Plan Act may be required to file relevant documents, including taxpayers who received Economic Impact Payments or claimed expanded tax credits.
Filling out forms related to the American Rescue Plan Act involves providing accurate information on income, benefits received, and any applicable deductions or credits on the relevant tax forms, usually done using IRS Form 1040 and related schedules.
The purpose of the American Rescue Plan Act is to provide financial support to individuals, families, and businesses, facilitate vaccine distribution, and promote economic recovery during and after the COVID-19 pandemic.
Under the American Rescue Plan Act, taxpayers must report any Economic Impact Payments received, any unemployment benefits, and any tax credits claimed under the provisions of the Act, such as the Child Tax Credit expansion.
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