Live Stream: Summary and Analysis of the Inflation Reduction Act of 2022
137 | Livestream | Basic | Scheduled
Description
In late 2022, Congress enacted the Inflation Reduction Act of 2022 (IRA), which provided many significant tax law changes tax practitioners should be knowledgeable about. This program will cover the tax legislation embodied in the IRA in detail so that those attending can properly advise their clients on if and how these various tax changes impact their individual and business planning.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Taxes |
| 1.67 | CLE |
Designed For
Accounting and finance professionals who need to advise clients on this legislation
Highlights
- The 15 percent corporate tax
- 1 percent tax on the repurchase of corporate stock
- Enhancement of IRS services
- Prescription drug pricing reform, including drug price negotiation
- Maximum out-of-pocket cap for Medicare beneficiaries
- Extension of Affordable Care Act subsidies for certain individuals whose household income exceeds 400 percent of the poverty line
- Clean energy and efficiency incentives for individuals
- Energy efficient home improvement credit
- Energy efficient commercial buildings deduction (Section 179D)
- Extensions, increases and modifications of the new energy efficient home credit
- Clean vehicle credit and credit for previously owned clean vehicles
- Qualified commercial clean vehicles
- Transfers of certain credits to an unrelated transferee
- Increase in research credit against payroll tax for small businesses
Objectives
- Be familiar with all aspects of the Inflation Reduction Act
- Advise clients regarding individual and business planning related to this legislation
Prices
- Member (Early Bird)
- $95.00
- Non-Member (Early Bird)
- $125.00
- Member
- $95.00
- Non-Member
- $125.00
Instructors
Pamela J. Davis-Vaughn, CPA
Pamela J. Davis-Vaughn is a general practitioner providing accounting, tax, and consulting services to clients across the United States from her office in Dallas, Texas.
Her teaching career started when she designed and taught undergraduate and graduate courses in state and local tax at Texas universities, including Baylor, Texas Tech, and the University of Texas in Arlington.
Pam has over 30 years of experience in both public and private accounting sectors. Her public experience ranges from a Big Four firm where she assisted several Fortune 500 companies in restructuring their operations to provide state income and franchise tax savings, participating on the mergers and acquisitions team, and serving as the Southwest Area Employment Tax practice leader to providing tax consulting services for clients of a regional firm in Dallas, Texas.
Her experience in the private sector as CFO of a Dallas-based manufacturer servicing the telecom industry, CFO of a printing and direct mail company, and Tax and Accounting manager of a large independent oil and gas exploration firm provides her with significant insight into the challenges faced by those practicing in industry. In addition to her accounting practice, Pam has ownership in and manages an organic farm in upstate New York, a construction and excavation business in upstate New York, and a printing and direct mail business in Dallas, Texas. She has also worked in the oil fields in Kansas, Oklahoma, Arkansas, and Texas.
Pam holds a BS degree in Business and Accounting from the University of Kansas, an MBA from Wichita State University, and has completed post-graduate work in International Tax at New York University. She holds a license to practice in Kansas, Texas, and New York.
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