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You may have heard about the Inflation Reduction Act (IRA), a sweeping piece of legislation signed in the last two years, designed to address some of the significant issues that the U.S. is facing.
They should use a two-pronged approach: scrapping the credits that don’t work and simplifying the ones that do by getting rid ...
A federal tax credit included in the Inflation Reduction Act aims to expand access to electric vehicles (EVs), while also introducing new limitations that could make it hard to qualify for now.
The Inflation Reduction Act extends the temporary exception to the 400% cap through the 2025 tax year. That permits people with household incomes over that amount three more years to claim the ...
Financial advisors have long been awaiting the Inflation Reduction Act of 2022, which was signed into law by President Joe Biden on Aug. 16, 2022. According to the Congressional Budget Office and ...
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