The Inflation Reduction Act (IRA), was signed on August 16, 2022. The act introduces a range of tax incentives aimed at promoting clean energy, lowering household energy costs, and reducing greenhouse gas emissions.

In short, the IRA helps you save money on energy by offering tax incentives for clean energy solutions, while also supporting a greener environment.

•Tax Incentives: The IRA enhanced and created over 20 tax incentives for clean energy investments, making them accessible to a broader range of entities, including state and local governments.

The legislation not only seeks to create good-paying jobs and strengthen domestic supply chains but also enhances services provided by the IRS to improve taxpayer experience.

For a more detailed exploration of the Inflation Reduction Act and its implications, please go to