Statements of fact and opinion are the authors’ responsibility alone and do not imply an opinion on the part of PICPA officers or members. The information contained in herein does not constitute accounting, legal, or professional advice. For professional advice, please engage or consult a qualified professional.
The Inflation Reduction Act was signed into law on Aug. 16, 2022, but several of its provisions only took effect for properties placed in service on or after Jan. 1, 2023. This blog provides a one-year update of what we’ve learned and what we need to learn regarding the act’s changes to the energy efficiency 179D tax deduction and 45L tax credit.
The idea of working remotely has been around for years. One famous businessman, in fact, put the concept to work in the 1960s. Though some may be longing for the "good old days," remote work has been and will continue to be beneficial.
In its most recent Insights white paper, the PICPA takes a measured, data-grounded look at the dearth of incoming accounting talent. More importantly, the study offers new perspectives and potential solutions to help rebuild and strengthen the process of growing new accounting talent.