Courses

Surgent's Summary and Analysis of the Inflation Reduction Act of 2022 - On-Demand Webcast

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Member Price: $89.00 Non-Member Price: $119.00

Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
CPE Credits:: Taxes: 2.00
Fields of Study:: Taxes
Level:: Basic

This program will cover the tax legislation embodied in the Inflation Reduction Act (IRA) in detail so that those attending can properly advise their clients if and how these various tax changes impact their individual and business planning. This comprehensive course will detail all of the relevant facets applicable to planning for both you and your clients.

Objective

Be familiar with all aspects of the Inflation Reduction Act
Advise clients regarding individual and business planning related to this legislation

Highlights

The 15% corporate tax
1% tax on the repurchase of corporate stock
Enhancement of IRS services
Prescription drug pricing reform, including drug price negotiation
Maximum out-of-pocket cap for Medicare beneficiaries
Extension of Affordable Care Act subsidies for certain individuals whose household income exceeds 400% of the poverty line
Clean energy and efficiency incentives for individuals
Energy Efficient Home Improvement Credit
Energy efficient commercial buildings deduction (Section 179D)
Extensions, increases, and modifications of the New Energy Efficient Home Credit
Clean Vehicle Credit - now available at point of sale - and credit for previously owned clean vehicles
Qualified commercial clean vehicles
Transfers of certain credits to an unrelated transferee
Increase in Research Credit against payroll tax for small businesses

Designed For

Accounting and finance professionals who need to advise clients on this new legislation

Prerequisite

None

Advanced Preparation

None