Last week, the American Rescue Plan was passed by Congress and signed into law by President Biden. Among the bill’s approximately 5,000 pages, which provide funding to a myriad of projects, a portion provides COVID-19 relief to many individuals and businesses.
The bill is multi-faceted, with different elements dedicated to small businesses, schools, healthcare providers, agricultural suppliers and more. Additionally, the bill includes numerous tax provisions that you should be aware of this tax season, including:
- Unemployment benefits
- Recovery rebates
- COBRA continuation coverage
- Child tax credit
- Earned income tax credit
- Child and dependent care credit
- Family and sick leave credits
- Employee retention credit
- Premium tax credit
- Student loans
For a full list and analysis of the tax provisions included in the American Rescue Plan, we recommend you check out this helpful article from the Journal of Accountancy: “American Rescue Plan Act passes with many tax components.”
NOTE: The sale of a business is confidential and discreet. We know about many businesses that are for sale but might not be advertised. Check out www.adamnoble.com for more information and consider registering your criteria as a purchaser.
For information, please contact Jeff Adam, PE, MCBC, FRC, CBB at Adam Noble Group, LLC
Phone: (817) 467-2161
Are you looking for a buyer? Search other buyers at SEARCH OUR BUYERS, email or call us to discuss your opportunity. It may fit another active buyer’s search criteria. Thinking of selling: Contact us TODAY to Sell your Business
During 3 decades of M&A service, Jeff Adam has successfully completed the sale of over 825 businesses and advised or completed 1,000’s of business valuations and exit plans. An entrepreneur in his own right, Jeff has started and grown 12 companies in fields including international finance, B2B services, business valuation, construction, screen printing, Mergers & Acquisitions, engineering, and manufacturing. Jeff has donated his time as a distinguished speaker at numerous national & international conferences since 1977 covering topics such as environmental services, engineering, media, craft breweries, exit planning, business valuation, charitable giving, management, business brokerage and M&A fields.
Jeff is President of Adam Noble Group, LLC, a national M&A Advisory firm, professionally valuing and confidentially selling profitable businesses owned by exit-motivated business owners to qualified strategic, corporate, private equity, partners, management, and first-time buyers. Jeff establishes rapport, builds trust, and educates business owners in the steps to meet their goals as they prepare and achieve the discreet, confidential exit of their business. Jeff exclusively represents sellers of $1M-50M value enterprises and endeavors to transfer their businesses to qualified, capable acquirers who will build upon the seller’s vision, goals, culture, and history. Jeff maintains lifelong repeat and referral relationships with sellers, their acquirers, and service providers.
Adam Noble Group has multiple M&A and business broker specialties: Manufacturing, Defense Industry, Oilfield services, Construction trades, Craft Breweries, Partnership Buyouts, Manufacturing, Service, and Wholesale Distributors.
Our M&A advisors and business brokers are all multi-industry entrepreneurs who have successfully exited their own companies. Jeff has walked in your shoes! Jeff wants to put the BIGGEST CHECK of your life in your pocket! Please contact Jeff, and he will confidentially answer all your questions.
Our GUARANTEE: a 15-minute call could REALLY change your future!