The Inflation Reduction Act Proposed, Episode 24, Ron Cohen

The Biden Administration Corporate Tax Proposal

This week Ron Cohen talks about: The proposed Inflation Reduction Act, Senator Sinema & the Manchin/Schumer Build Back Better Bill & The problem with multi-variable computations!

Follow up on last week’s podcast:
1) I may have been wrong! Corporate Welfare? The Student teaches the teacher!
2) Taiwan is 80 miles from the China coast…not 10 as I said.

IRS

Inflation Reduction Act proposal Show Notes:

Inflation Reduction Act – Draft Bill
https://www.documentcloud.org/documents/22122279-inflation-reduction-act-of-2022

Senate Finance Committee Report saying it raises taxes at low income levels:
https://www.finance.senate.gov/imo/media/doc/jct_distributional_effects_inflation_reduction_act.pdf

Deloitte Report:
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/Tax/us-tax-taxnewsandviews-220729.pdf

Sen. Sinema may be on the fence?
https://www.vox.com/policy-and-politics/23282983/inflation-reduction-act-kyrsten-sinema-josh-gottheimer

Sen. Manchin does not answer the question:
https://www.cnn.com/2022/08/01/politics/kyrsten-sinema-democrats-big-week-for-biden-presidency/index.html

Please let us know if there are specific topics you’d like to hear about in future episodes.

Ron Cohen,

CPA, Partner at Greenstein, Rogoff, Olsen & Co., LLP  CPAs & Advisors
Email: rcohen@groco.com
510.797.8661

Tax update with Ron, episode 30

Click here to listen to more from Ron.

Click here, then scroll down, to see Ron’s bio.

To receive GROCO’s free newsletter, click here.

Click here to learn more about Greenstein, Rogoff, Olsen & Co., LLP (GROCO.com)  Advisors to the ultra-affluent.

Groco

The Man That Helps People Live their Financial Dreams with Comedy - Charlie Epstein, Host of Yield of Dreams

The Man That Helps People Live their Financial Dreams with Comedy – Charlie Epstein, Host of Yield of Dreams

Introduction (yield of dreams) In this interview, Alan Olsen, CPA, MBA discusses using comedy to help people reach their financial goals with Charlie Epstein, author and principal of Epstein Financial Group, LLC and Epstein Financial Services, a Registered Investment Advisory firm. Transcript: Charlie Epstein My ministry in life is to ease people’s pain and suffering about…

Finding Infinite Freedom with Eric Francom

Finding Infinite Freedom with Eric Francom

Introduction (Eric Francom discusses finding infinite freedom) In this interview, Alan Olsen, CPA, MBA discusses teaching business success with Dr. Eric Francom. Dr. Eric Francom is an Angel Investor, wealth mentor, speaker, podcaster, and author. Transcript: Eric Francom A lot of people invest in stocks and bonds and retail products, but they don’t get into the part of…

The Man Bulks Up Owner Managers For Exits - Pete Worrell, Co-CEO & Managing Director of Bigelow LLC

The Man Bulks Up Owner Managers For Exits – Pete Worrell, Co-CEO & Managing Director of Bigelow LLC

Introduction (helping Owner Managers before an exit) In this interview, Alan Olsen, CPA, MBA discusses what owners can do pre exit with Pete Worrell.  Mr. Worrell is Co-CEO & Managing Director of Bigelow LLC. Transcript: Pete Worrell My interest was all about how, owner managers flourish and thrive. And I’ll just give you a teensy bit of…

Journey of a Tech Entrepreneur with Jack Liang, Founder of Coral Global

Journey of a Tech Entrepreneur with Jack Liang, Founder of Coral Global

Introduction (Jack Liang, tech entrepreneur journey) In this interview, Alan Olsen, CPA, MBA discusses the journey of a tech entrepreneur with Jack Liang.  Mr. Liang is the, Founder of Coral Global and a renown activist. Transcript: Jack Liang I was running ads since college and one of my ads for my restaurants have like, over 100,000…