Happy New Year
Welcome to the 2022 Tax Filing Season!
Please check out our Tax Resources Tab for additional information and guidance in helping you prepare for tax season
On Aug. 16, 2022, President Biden signed into law H.R. 5376 – Inflation Reduction Act (IRA) of 2022. In general, this legislation provides incentives for investment in domestic energy production and manufacturing and the reduction of carbon emissions by roughly 40% by 2030. The bill will also finally allow Medicare to negotiate for prescription drug prices and contains the following key tax provisions.For a summary of the legislation, please click here.
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