Inflation Reduction Act of 2022
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The Inflation Reduction Act changed a wide range of tax laws and covers new and reinstated tax laws that will affect individuals and businesses, including a number of credits and deductions.
Home Energy Credits
Clean Vehicle Credits
- Credits for New Electric Vehicles Purchased in 2023 or After
- Credits for New Electric Vehicles Purchased in 2022 or Before
- Used Electric Vehicle Credit
- Commercial Clean Vehicle Credit
- Clean Vehicle Credit Qualified Manufacturer Requirements
- Clean Vehicle Credit Dealer Requirements
Excise Tax Credits for alternative fuels, biodiesel, and renewable diesel
Tax Law Changes for Businesses
- Corporate Alternative Minimum Tax (CAMT)
- Repurchase of Corporate Stock
- Superfund Chemical Excise Taxes Reinstated
- Sustainable Aviation Fuel Credit
- Petroleum Tax – Hazardous Substance Superfund Financing Rate Reinstated
- Extended Fuel Tax Credits