Live event participants can earn up to 1 CPE credit in the Taxes field of study.
Program description: The recently signed Inflation Reduction Act includes provisions that have been discussed for years. The impact on health care, climate change and renewable energy incentives, and adjustments aimed at inflation have been a long time coming. However, there are also concerns around IRS tax enforcement, the corporate AMT, and the extension of the excess business loss limitation. In either case, as with any new act, there are opportunities, risks, and compliance concerns to consider.
Program level: Overview
Prerequisites: None
Advanced Preparation: None
Topics to be discussed include:
National Tax:
- General SALT implications
- Corporate AMT
- R&D tax credits
- The IRS tax enforcement and what it means for your business
- Excess business loss limitation
Renewable Energy:
- Section 45 Production Tax Credit (PTC) and Section 48 Investment Tax Credit (ITC) related changes
- Expansion of the Investment Tax Credit (ITC) to include standalone storage
- Direct Pay and transferable credits
- Section 45Q-related changes
Instructional Delivery Method: Group Internet Based
Who Should Attend: Those interested in learning more about the Inflation Reduction Act and its impact on both businesses and individuals.
Official NASBA sponsor statement, if an approved NASBA sponsor (explaining final authority of acceptance of CPE credits): 
CohnReznick LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State board of accountancy have final authority on the acceptance of individual courses for CPE credits. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
ON-DEMAND
