Inflation Reduction Act provisions of interest to small businesses

(CARES ACT), Alternate Minimum Tax (AMT), Federal Tax Credit, Inflation, Inflation Reduction Act, Payroll Tax Credit, Research Tax Credit, Small Business, Social Security Tax, Tax Cuts and Job Acts (TCJA) /

The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate, energy and taxes. There has been a lot of media coverage about the law’s impact on large corporations. For example, the IRA contains a new 15% alternative minimum tax on large, profitable corporations. And the […]

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