Inflation Reduction Act Provisions of Interest to Small Businesses

Inflation-Reduction-Act

The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate, energy, and taxes. There’s been a lot of media coverage about the law’s impact on large corporations, including a new 15% alternative minimum tax on large, profitable corporations. The law also adds a 1% excise […]