Protecting & Preserving Wealth

The Inflation Reduction Act - What Does It Mean For You?


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In September, the government passed the "Inflation Reduction Act."  Today Bruce Hosler of Hosler Wealth Management breaks down the key pieces of the legislation and how it can affect you going forward.  We break it down into 9 key areas:

  1. Health Care Premium Tax Credit
  2. New Home Energy Systems Tax Credits
  3. New Energy Efficient Home Improvement Tax Credits
  4. Electric Vehicle (EV) Tax Credits
  5. The Tax increases
  6. New Gift Tax Exclusion Rules
  7. Increased IRS Interest Rates on Overdue Balances
  8. The New $"80 billion stronger" IRS
  9. The IRS Auditing More Pass-Thru Entities, High Net-worth individuals, Cross-border activities, and Virtual Currency Transactions.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit them online at https://www.hoslerwm.com/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

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Protecting & Preserving WealthBy Bruce Hosler