24WS-0696: Surgent's Summary and Analysis of the Inflation Reduction Act of 2022 (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Tuesday, August 13, 2024
1:00pm - 3:00pm Central Time
2 CPE (2 technical)  |  2 IRS CE

In late 2022, Congress enacted the Inflation Reduction Act of 2022 (IRA), which provided many significant tax law changes tax practitioners should be knowledgeable about. This program will cover the tax legislation embodied in the IRA in detail so that those attending can properly advise their clients on if and how these various tax changes impact their individual and business planning.

Major subjects

• 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 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

Learning objective(s)

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

Who should take this program?

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

Fees

Standard Member Fee	$99.00
Standard Nonmember Fee	$99.00