The Inflation Reduction Act – Highlights

November 20, 2022 On August 16, 2022, President Biden signed into law the Inflation Reduction Act (IRA) which includes significant changes related to healthcare and energy/climate change related credits. It also provides $78.9B in additional funding to the IRS. Here...

Employee retention credit updates

October 29, 2021 The IRS continues to issue guidance on the employee retention credit, a credit that was adopted in March 2020. The credit was created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L 116-136, and amended by the Consolidated...