Inflation Reduction Act Summary ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $261.00
Non-Member Price $300.00
Overview
Before the Inflation Reduction Act, professionals in tax, legal, and accounting fields navigated a different set of rules and provisions. This course acts as a bridge to the new regulations introduced by the IRA, transforming uncertainty into confident application of the latest legal and tax changes. After completing this course, participants will transition from a state of unfamiliarity with the new IRA provisions to a position of competence and readiness. The course covers individual tax credits for electric vehicle purchases and energy-efficient home improvements, offering a deep dive into the array of renewable energy credits. Additionally, it explores the impact on businesses, including the implementation of the corporate AMT and loss limits, as well as significant changes in Medicare provisions. This transformation equips participants with the necessary tools to adapt their practices to the new landscape, ensuring they remain ahead in their respective fields.
Highlights
Inflation reduction act-modified for clean vehicles. Energy efficient home improvement credit. Renewable energy credits. Prevailing wage act. Low income and rural areas. Production tax credit. Domestic content. Energy community, and more.
Prerequisites
None.
Designed For
CPAs.
Objectives
Apply changes imposed by the Inflation Reduction Act (IRA) relating to credits allowed for the individual acquisition of qualified electric vehicles and energy-efficient home improvements and property. Recognize a wide spectrum of renewable energy credits and the application of the prevailing wage and apprenticeship requirements. Specify key IRA business and Medicare provisions, including energy-efficient buildings, corporate AMT, loss limits, and drug reforms.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Danny Santucci, Western CPE
Danny Santucci, BA, JD, is a prolific author of tax and financial books and articles. His legal career started with the business and litigation firm of Edwards, Edwards, and Ashton. Later he joined the Century City entertainment firm of Bushkin, Gaims, Gaines, and Jonas working for many well-known celebrities. In 1980, Danny established the law firm of Santucci, Potter, and Leanders in Irvine, California. With increasing lecture and writing commitments, Danny went into sole practice in 1995. His practice emphasizes business taxation, real estate law, and estate planning. Speaking to more than 100 groups nationally each year, he is known for spicing up his extensive expertise with an incredible sense of humor.
Non-Member Price $300.00
Member Price $261.00