Inflation Reduction Act of 2022: Explanation and Planning

Overview

This program provides an explanation of the recently enacted inflation Reduction Act of 2022. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics covered in this class include:

• Key provisions for individual taxpayers - deductions and credits
• Key provisions for business taxpayers - new taxes, deductions, and credits
• Impacts on flow-through entities
• New reporting requirements
• Depreciation update: impact on bonus depreciation

Prerequisites

None

Designed For

CPAs in public practice and industry seeking an update on the latest individual and business tax legislation

Objectives

After attending this presentation, you will be able to…

• Apply practical strategies based on new tax provisions
• Identify and explain key compliance issues
• Integrate new provisions with existing law

Preparation

None