Let’s get real. This new bill, the misnamed Inflation Reduction Act, does include a tax credit for those of us (who earn less than $ 150K [Single]/ $225K [Head of Household]/ $300K (Married) who purchase electric-powered vehicles (EV)
Tag Archives: tax credit
HR 1, too!
We began discussing the proposed changes to personal tax filings yesterday. We’ll finish with the changes to the individual tax system today-and then go on to the changes to the business tax filings.
HR 1
Let’s reiterate what I said yesterday– I don’t expect this bill to pass. Certainly not the way it was presented in the bill. These posts were written on 2 November- when the bill was published. Since then, the House has proposed changes to its own bill. And, 1 week later, the Senate published a slightly different version- which means that I will be adding to this series to contrast the differences between the two bills. (This series that was 5 blogs will now be 7.)
Small Business Gets Some Credit!
AFT!
For years, we wanted to take advantage of the research tax credit. But, the way we ran our firm, that was never possible.