The U.S. IRS has issued a release providing an overview of the tax provisions primarily for individuals in the America Rescue Plan Act. --- IRS offers overview of tax provisions in American Rescue Plan; retroactive tax benefits help many people now preparing 2020 returns IR-2021-106, May 11, 2021 WASHINGTON — The Internal Revenue Service today provided an overview of some of the key tax provisions in the American Rescue Plan Act. Several provisions affect the 2020 tax return people are filling out this filing season, including one exempting up to $10,200 in unemployment compensation from tax and another benefiting many...