Description
RECORDED TRAINING COURSE
1 CEU HRCI| 1 PDC SHRM | 1 CPE NASBA APPROVED
Congress has passed the Inflation Reduction Act, a bill that makes many economic changes and also contains tax implications. The White House says the package will address inflation in two key ways: by lowering energy and health care costs for families and by helping to bring down the deficit.
SESSION HIGHLIGHTS:
- To analyze the tax provisions of the Inflation Reduction Act.
- To inspect the other non-tax aspects of the bill.
- To identify other current trends in taxes such as Form 7203.
- To discuss tax credits for people switching to cleaner energy sources.
- To analyze how IRS will get a boost in funding, particularly to improve its customer service and tax enforcement.
- To discuss tax Increases for Corporations and Individuals.
Why You Should Attend:
The bill was the result of negotiations on the proposed Build Back Better Act, which had been reduced and comprehensively reworked from its initial proposal after receiving opposition from Manchin. It was introduced as an amendment to the Build Back Better Act and the legislative text was substituted.
The Inflation Reduction Act:
- Expands Medicare benefits
- Lowers energy bills
- Makes historic climate investment
- Lowers health care costs
- Creates manufacturing jobs
- Invests in disadvantaged communities
- Closes tax loopholes used by wealthy
- Protects families and small businesses making $400,000 or less
Who Should Attend:
- Accountants
- Tax Preparers
- Human Resources Professional
- Payroll Professional
Note: You will get access to the Recording link and E-Transcript; in your account and at your registered email address.
Course Ministry is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® or SHRM-SCP® recertification activities.
“HR Certification Institute’s® (https://www.hrci.org) official seal confirms that Course Ministry meets the criteria for pre-approved recertification credit(s) for any of HRCI’s eight credentials, including SPHR® and PHR®.”
Course Ministry 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 boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org.
