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 Biden Administration Corporate Tax Proposal

House Committee Hearing on Wayfair Tax Compliance

House Committee Hearing on Wayfair Tax Compliance…

Save Up To 100% Tax With QSBS (Qualified Small Business Stock)

In December 2015, the Protecting Americans from Tax Hikes Act of 2015 (“PATH Act”) was passed by Congress and signed

The Biden Administration Corporate Tax Proposal

Cryptocurrency, Tax Exempt Organization Applications & Independent Contractor Rules

A Discussion on Virtual Game Currencies, Tax Exem…

A More Decisive Leader

How to Become a More Decisive Leader

How to become a more decisive leader? Have you ever been faced with a choice that was so difficult you couldn’t make a decision? Being indecisive can be highly detrimental in the workplace, especially for leaders.  Sometimes indecisiveness can be even worse than making the wrong choice. So what can you do to be a…