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Mostrando las entradas de abril, 2021

American Rescue Plan offers many more benefits than stimulus checks

For most people, the American Rescue Plan is the source of a third stimulus check of up to $1,400. In reality, the stimulus checks are just one part of the massive $1.9 trillion plan. The American Rescue Plan offers many additional benefits to people apart from the coronavirus stimulus checks. Stimulus checks is just one benefit Most people are only concerned about the coronavirus stimulus checks that the American Rescue Plan offers. However, the $1.9 trillion plan offers many more benefits that could help people get more money than the stimulus checks. Some of these benefits are mentioned below: Additional Child Tax Credit up to $1,600 – the American Rescue Plan raises the maximum credit from $2,000 to $3,000 per child ($3,600 for children under age 6). Also, it extends the child tax credit to 17-year-olds. Earned Income Tax Credit – the latest relief plan offers expanded EITC (Earned Income Tax Credit) for low-paid adults without minor children at home. The American Rescue Plan rai...

The American Rescue Plan is a significant step forward in federal IT restructuring. What should be the first step for agencies?

IT modernization continues to be an elusive goal for federal agencies. Addressing outdated and legacy systems is a complex and costly process, and agencies have long called for more money to support their efforts. Despite these challenges, there are signs of optimism. Last summer, federal agencies responded to a request from Sen. Maggie Hassan (D-N.H.) for insights into their IT modernization strategies and how Congress can help in the form of funding. Their pleas were heard. Fast-forward to March 2021, when the newly signed American Rescue Plan set aside $2 billion for federal technology modernization efforts -- half of which will be allocated to high-priority projects through the Technology Modernization Fund (TMF). It’s a win for many agencies. But given the complexity of modernization, what initiatives should federal CIOs prioritize? Here are four best practices to consider as agencies debate which challenges to prioritize first. 1. Prioritize network architecture modernization Tho...