Summary & Analysis of the Inflation Reduction Act 2022 Webcast [IR22]
Time: 12:00pm - 2:00pm
Subject:
TaxationCredit Hours:
2.00Price:
Member: $100.00
Non-member: $150.00
Discussion Leader:
Susan Smith, CPA
more info
Susan Smith manages her own firm specializing in tax planning for individuals and business owners and is also a frequent speaker at tax conferences. Smith was a Senior Manager in the tax departments of Price Waterhouse and Peat Marwick (the predecessor of KPMG). While at Price Waterhouse, she also held the national specialist designation for the real estate and partnership tax practices. During her time at Peat Marwick, Smith led the real estate and tax practices locally. She was an associate adjunct professor at Widener University in the master’s taxation program. Her ratings have consistently exceeded 4.8 on a scale of 5.0. Smith is a four-time recipient of the James L. McCoy Discussion Leader of the Year Award for excellence in teaching. And in 2015, 2016, and 2018, she received the Surgent Outstanding Discussion Leader Award because of her consistently high evaluations for knowledge and presentation skills. Smith earned her Bachelor of Business Administration degree with an accounting concentration, from the University of Toledo.
closeWebsite registration for this course closes on August 31, 2022. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.
Full Description
Summary & Analysis of the Inflation Reduction Act of 2022 Webcast (IR22)September 1st, 2022 / 12:00pm 2:00pm
Live Webcast / Zoom
Throughout much of 2022, it was very doubtful whether any tax legislation would be enacted. At long last we now have new tax legislation impacting 2023 and later years in the Inflation Reduction Act (IRA). This program will cover the new tax legislation embodied in the IRA in detail so that those attending can properly advise their clients if and how these various tax changes impact their individual and business planning. Be the first to know about this brand-new legislation in a comprehensive manner. In contrast to courses provided by others that only highlight the broad strokes of the legislation, which you could easily access in an online summary, this course will detail all of the relevant facets applicable to planning for both you and your clients.
Major Topics:
- 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 Objectives:
- Be familiar with all aspects of the Inflation Reduction Act
- Advise clients regarding individual and business planning related to this legislation
Designed For: Accounting and finance professionals who need to advise clients on this new legislation
CPE Credits: 2, Taxation
Level of Knowledge: Basic
Prerequisite: None
Acronym: IR22
Discussion Leader: Susan Smith, CPA
