Inflation Reduction Act Archives

What are the New Tax Credits in the Inflation Reduction Act?

Posted on December 6, 2022 by Andrew Litchford

On August 16, 2022, the Inflation Reduction Act was signed into law. Included in this act are several tax credits focused on green initiatives. You may be wondering… what are these new tax credits in the Inflation Reduction Act? And how can I benefit? Here’s how to take advantage of the new tax credits in

How the Inflation Reduction Act Helps Small Businesses

Posted on August 30, 2022 by Andrew Litchford

On August 16, President Biden signed the Inflation Reduction Act (IRA), which includes numerous provisions pertaining to taxes, energy and the environment. The effect of the law on big businesses has received a lot of media attention. For instance, the IRA imposes a new 15% alternative minimum tax on large, profitable corporations. The law also