In this episode, the Huddle Guys discuss the Inflation Reduction Act (IRA) which became effective August 16, 2022. At a very high level, the law aims at curbing inflation and promoting clean energy solutions. Listen as the Huddle Guys share why this law is viewed by many as being controversial. Will it accomplish what is intended? Will there be any immediate benefits or is IRA more of a climate bill than anything else? The Huddle Guys review the provisions of this bill, for which the ‘average’ tax payer may not see many benefits, unless they are in the market for green energy purchases.
The guys also remind us not to take social media so seriously. While they often challenge inaccurate and contrary opinions that are expressed on tax issues via social media; it is good-natured with the intention to inform, educate, and set the record straight. It’s time to Huddle Up!
