A closer look at tax items in the Inflation Reduction Act
A closer look at tax items in the Inflation Reduction Act  
Podcast: Journal of Accountancy Podcast
Published On: Thu Aug 18 2022
Description: The Inflation Reduction Act includes several tax provisions, including a corporate minimum tax, a 1% excise tax on stock repurchase by corporations, and increased funding for IRS enforcement efforts.   Adam Schrom, CPA, director of product management at Bloomberg Tax, breaks down several aspects of the legislation and provides a history lesson in the process.