Will the Inflation Reduction Act of 2022 Affect Me?
A SPECIAL REPORT by Tripp Scott's Tanya Bower and Christine Yates
The "Inflation Reduction Act," H.R. 5376, (the "Act") was signed into law on August 16, 2022. Despite the new title, the Act is essentially the scaled-down version of the previously proposed "Build Back Better Act." Any time legislation is passed, particularly legislation containing tax provisions, the first question clients ask is often the same, "What does this mean for me?" Below, please find our brief summary of the Act provisions. For a more detailed discussion, CLICK HERE to read the article. Should you have any questions, please contact us to further discuss how the Act affects your situation specifically.Read More