Does the American Rescue Plan Really Rescue America? A Tax Look.

April 1, 2021
Hosted by Marcelino Dodge, EA

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Episode Description

From a tax perspective, does the American Rescue Plan provide the promised help and relief? The tax changes in this bill are huge. Some apply to 2020 only and some apply to 2021 only. How can you understand the changes? What tax planning opportunities should your tax professional be considering? How are you the taxpayer affected in both 2021 and as we look ahead to 2022? I will explain the changes and the tax planning opportunities created by this most recent monstrosity of a bill that includes short term tax changes with some benefit now, but some benefits a year from now.

The Tax Answers Advisor

Thursday at 9 AM Pacific Time on VoiceAmerica Business Channel

This show’s purpose is to teach the importance of working together year-round with an Intelligent Solutions Management Advisor (ISMA). We help our listeners to understand the importance of using a licensed, credentialed tax preparer, such as an Enrolled Agent (EA), to prepare their tax return. You will learn how a proactive approach to rapidly changing tax laws will help you to pay the least amount of income tax possible. You’ll learn by working together with an ISMA year-round you will be able to increase your personal and/or business cash flow as much as humanly possible. Together we can help you create tangible strategies to achieve success so you can maximize your tax deductions and tax credits now, and also keep tax liability down in the future no matter what Congress does. The Tax Answers Advisor can be heard every Thursday at 9 AM Pacific Time on the VoiceAmerica Business Channel.

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Marcelino Dodge, EA

Marcelino Dodge, EA

Marcelino Dodge, an Enrolled Agent since March 2006, is an experienced tax professional who has over 21 years of experience. An enrolled agent is a federally licensed tax professional who is authorized to represent taxpayers before the IRS. Mr. Dodge owns and operates Cash Tracks Financial Inc., a tax, accounting, life insurance and investment advisory business.

Mr. Dodge has been life insurance licensed since 1995 and investment licensed since 1996. He is uniquely qualified with a background consisting of more than just accounting and tax preparation. He is knowledgeable in many types of employee benefits programs including retirement plans and health insurance programs. Marcelino is uniquely qualified to speak authoritatively on how tax, insurance and investments all work together.

Marcelino has become an Intelligent Solutions Management Advisor (ISMA). As an ISMA, Marcelino now works together with clients year-round to take advantage of tax law changes and to implement proactive tax saving strategies. Plus, by working together year-round he helps individuals and businesses increase they cash flow. He has prepared tax returns for individuals, sole-proprietors, corporations, LLC’s and partnerships. He has been a member of the National Association of Tax Professionals since 2011, and was voted the Lamar (Colorado) Ledger’s People’s Choice Tax Preparer for 2016 and 2017. He holds a Bachelor of Science Degree from Colorado State University in Pueblo.

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Episode Directory

April 2021

  • 4/8/2021: COVID Related Healthcare Benefit Changes - What Help Is There? Coming Soon
  • 4/1/2021: Does the American Rescue Plan Really Rescue America? A Tax Look. Listen Now

March 2021

February 2021

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