Inflation Reduction Act
SKU: 02-231-01-CPE
Credit Hours: 2
CPE Category: Taxes
CE Category: Federal Tax
Delivery Method: Online PDF
Instructor: Paul J. Winn CLU ChFC
Course Description:
This course addresses the provisions of the Inflation Reduction Act most likely to be of interest to tax preparers. It examines the tax credits available for energy-efficient home improvements, for purchase of new and used electric vehicles, for electric car charging and natural gas powered car fueling devices, and clean energy generation.
Upon completion of this course, you should be able to:
- Calculate the tax credits available for taxpayers’ energy-efficient home improvements
- Describe the tax credits available for the purchase of electric vehicles
- Recognize the requirements and tax rules applicable to electric vehicle tax credits
- Identify rules and limitations applicable to the qualified refueling property credit
- List the clean energy and efficiency incentives
- Apply the rules applicable to the expanded health insurance premium tax credit
- Recognize the limitation of noncorporate taxpayer excess business losses.