Inflation Reduction Act ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $261.00
Non-Member Price $300.00
Overview
On August 16, 2022, the Inflation Reduction Act (IRA), legislation designed in large part to lower consumer energy costs and provide economic incentives to reduce the human impact on climate change, became law. This course addresses the provisions of the Inflation Reduction Act most likely to be of interest to tax preparers. In so doing, it examines the tax credits available for energy-efficient home improvements, for purchase of new and used electric vehicles, for electric car charging and natural gas powered car fueling devices, and clean energy generation. In addition, it discusses the expanded health insurance premium tax credits and the extension of the limitation of noncorporate taxpayer excess business losses.
Highlights
Energy-efficient home improvement provisions. Electric vehicle purchase incentives. Refueling property provisions. Inflation reduction act miscellany.
Prerequisites
None.
Designed For
CPAs, CEOs, CFPs, and other accounting professionals.
Objectives
Calculate the tax credits available for taxpayers’ energy-efficient home improvements. Describe the tax credits available for the purchase of electric vehicles. Recognize the requirements and tax rules applicable to electric vehicle tax credits. Identify rules and limitations applicable to the qualified refueling property credit. List the clean energy and efficiency incentives. Apply the rules applicable to the expanded health insurance premium tax credit. Recognize the limitation of noncorporate taxpayer excess business losses.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Paul Winn, Western CPE
Paul Winn CLU ChFC is a writer with more than 30 years experience in the life insurance and securities industry as an agent/registered representative, an agency head, a marketing vice president for a life insurance company and the president of a corporate registered investment adviser. He was a long serving member of the advisory board to the New York State insurance department. He is a published book author and creator of more than 200 taxation, insurance and securities training courses.
Non-Member Price $300.00
Member Price $261.00