Inflation Reduction Act: Highlights of Key Changes for You and Your Business

With President Biden’s seal of approval, the Inflation Reduction Act (IRA) was signed into legislation on Aug. 16, 2022. The new bill is the largest investment in combating climate change in U.S. history, lowers the cost of prescription drugs and raises taxes on corporations. Download our guide to the IRA for a look at the key business and individual tax provisions you should be aware of.