2024 Inflation Reduction Act of 2022: Review and Update
Registration is Open
CPE PowerPass Users
Overview:
This program will examine the key provisions of the Inflation Reduction Act of 2022 that was enacted to not only curb inflation, but reduce the deficit, promote clean energy solutions, and much more. Learn how this new legislation can provide tax savings for both your individual and business clients.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to [email protected].
Objectives:
- Apply practical strategies based on new tax provisions
- Identify and explain key compliance issues; Integrate new provisions with existing law
Major Topics:
- Key provisions for individual taxpayers – deductions and credits
- Key provisions for business taxpayers – new taxes, deductions, and credits
- CHIPS Act provisions; Impacts on flow-through entities
- New reporting requirements
- Depreciation update: impact on bonus depreciation
Major Topics:
- Key provisions for individual taxpayers – deductions and credits
- Key provisions for business taxpayers – new taxes, deductions, and credits
- CHIPS Act provisions; Impacts on flow-through entities
- New reporting requirements
- Depreciation update: impact on bonus depreciation