2023 Tax Planning – the Inflation Reduction Act

By |2023-03-16T13:52:21-04:00March 16th, 2023|Corporate Income Tax, Energy Efficeincy, Individual Income Tax, Inflation Reduction Act|

Source Article: https://www.barnesdennig.com/2023-inflation-reduction-act-tax-credits/  The Inflation Reduction Act (IRA), signed into law by President Biden in August 2022, is designed to help fight inflation, increase investment in domestic manufacturing and energy production, lower prescription drug prices, and sharply reduce carbon emissions by 2030. It also included new and expanded tax incentives designed to [...]