2024 Inflation Reduction Act of 2022: Review and Update

Friday, November 15, 2024
Webcast or Webinar, Online
9:00 AM - 10:54AM (opens at 8:30 AM) EST
2Credits
Technical Business

Registration is Open

Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price

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$40.00 Members / $56.00 Non-Members
Course Type: Webcast
Course Code: 24/AC150167
Level: Intermediate
Vendor: ACPEN
Field of Study: Taxes

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 kori.herrera@acpen.com.

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

Designed For:

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

Prerequisites:

Basic working knowledge of business taxation