March 30, 2024


2 Total CPE Credits


2022 Tax Legislation: Inflation Reduction Act and CHIPS Act

  • Instructor

    Allison McLeod

Learning Objectives

After attending this presentation, you will be able to...

  • Recall recent tax legislation on the CHIPs Act and Inflation Reduction Act
  • Identify recent changes to IRS procedure
  • Recognize how the new tax provisions will impact clients
  • Identify the new IRS procedural changes for those affected by recent natural disasters

Major Topics

The major topics covered in this course include:

  • Inflation Reduction Act of 2022
    • The new 15% corporate AMT
    • Electric Vehicle Credits
    • Clean Commercial Vehicle Credits
    • 1% tax on the repurchase of corporate stock
    • Excess Business Losses
    • Clean Energy Tax Credits
    • Energy Efficient Home Improvement Credit
    • Energy Efficient Commercial Buildings Deduction (Section 179D)
    • New Credits
    • Research Credits for Small Businesses
    • Excise Taxes on Fossil Fuels
    • Green Property Depreciation
    • Additional Funding for the IRS
    • Transfers of certain credits to an unrelated transferee
  • Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act of 2022

CPE Credits Available

Total CPE

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Taxation

Advanced Preparation


Intended Audience

Who should Attend: This course is suitable for corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have these tax implications.


CPA Crossings

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    $ 89 89
  • ASCPA Non-Member

    $ 139 139
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