by Sarah Hayes | Sep 27, 2022 | Healthcare, Professional Services, Tax Watch
In total, COVID-19 funding provided $178 billion in Provider Relief Funds (PRF). That money was specifically designated for healthcare organizations and providers. Health Resources and Services (HRSA) administered the funds and issued them to providers throughout 2022...
by Sarah Hayes | Sep 27, 2022 | Healthcare, Professional Services, Tax Watch
With ever-increasing regulatory requirements, the compliance demands on business organizations of all sizes are growing at a staggering rate. Despite the new administration’s efforts to dial back regulatory constraints on businesses, compliance has become a key factor...
by Donna Boyette | Sep 8, 2022 | Business Consulting, Professional Services, Strategic Financial & Outsourced Accounting, Succession Planning, Tax, Tax Consulting, Tax Watch
The Inflation Reduction Act (IRA) of 2022 impacts a wide variety of areas, from climate to health care. While several areas are covered, there are two main goals. First, the bill sets out to help reduce the burden of increased expenses for the average American....
by Donna Boyette | Sep 8, 2022 | Business Consulting, Manufacturing & Distribution, Real Estate & Construction, Tax, Tax Consulting, Tax Watch
The Inflation Reduction Act (IRA) of 2022 provides massive amounts of incentives for clean energy, zero-emissions vehicles, energy-efficient buildings, and other “green” technologies. One such provision amends the energy-efficient commercial buildings deduction...
by Milton Howell, CPA | Aug 18, 2022 | Tax, Tax Consulting, Tax Watch
On August 16, 2022, President Joe Biden signed the Inflation Reduction Act of 2022 (“IRA”) into law. This bill has passed both the House and Senate along party lines. A summary of observations and insights are listed below. The corporate AMT returns for...
by Joseph Nash | Aug 18, 2022 | Manufacturing & Distribution, Real Estate & Construction, Tax Consulting, Tax Watch
On August 16, 2022, President Joe Biden signed the Inflation Reduction Act of 2022 into law. The IRA contains numerous changes to the Internal Revenue Code (IRC) intended to boost government revenue and promote clean energy. The new tax provisions are not likely to...