Weekend Update!

Are you aware of the “Inflation Reduction Act” passed by the senate yesterday? This bill makes significant changes in healthcare including Medicare, actions against climate change, and important tax changes. One major takeaway is the 10yr package in tax cuts & spending is two provisions that account for 80% of the $300 billion budget. This provision will be directed towards businesses reporting loopholes for government incentives & performance-boosting to investors. Want to find out how to make sure your business does not fall into the crosshairs? Contact us today and we can assist accordingly with the new bill! #CPA #Accounting #Business