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Podcast: Journal of Accountancy Podcast
Episode: A closer look at tax items in the Inflation Reduction Act
Description: The Inflation Reduction Act includes several tax provisions, including a corporate minimum tax, a 1% excise tax on stock repurchase by corporations, and increased funding for IRS enforcement efforts. Â Adam Schrom, CPA, director of product management at Bloomberg Tax, breaks down several aspects of the legislation and provides a history lesson in the process. Â