Inflation Reduction Act of 2022

National Tax Advisory Group | Wayne M. Eager | Aug 17, 2022

On Friday, August 12th, Congress passed the Inflation Reduction Act of 2022 (The Act), and President Biden signed it into law on August 16th, 2022. Key provisions include: Increase in IRS Funding, Corporate Minimum Tax, Excise Tax on Stock Repurchases, Excess Business Loans, SALT Cap, Affordable Care Act Premium Tax Credit, R&D Payroll Tax Credit, and Energy Credits. Click here to learn how this affects you and your business by reading the full article by Wayne Eager.

2022-08-17T12:49:05-04:00

Top Ten Year-End Tax Planning Checklist

As the year draws to a close, taking proactive steps in your financial planning can significantly impact your tax liability. This checklist provides a guide to key strategies that individuals can consider before the end of the year to potentially decrease their income tax. By strategically managing income, deductions, and investments, you can optimize your tax situation and position yourself for a more tax-efficient financial future.

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