ARPA federal reporting can be a heavy and time-consuming burden. Crowe can take some of the weight off your shoulders.
The American Rescue Plan Act (ARPA) was signed into law on March 11, 2021, with $1.9 trillion in state, local, and individual monetary relief. The ARPA provides funding access to many more communities than previous relief acts in the form of direct payments from the U.S. Department of the Treasury. It also includes more federal reporting requirements than previous relief acts – obligations that might affect you.
Federal reporting might be required even if:
- You weren’t required to prepare federal reports under the CARES Act
- You aren’t a direct recipient of funds from the federal government
- You’ve never had to do federal reporting before for any other program