Legislative Update and Outlook for 2022: President’s Fiscal Year 2023 Budget, Green Book & Tax Provisions Overview

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In this episode of Cherry Bekaert’s Tax Beat, Brooks Nelson and Sarah McGregor welcome back Ron Wainwright, Partner with the Tax Credits & Incentives Advisory practice to talk about recent activity in Washington D.C. The conversation opens with a discussion of the President’s proposed budget for fiscal year 2023 and Treasury’s Greenbook. Next, Ron covers tax provisions that may be attached to the “America COMPETES Act of 2022” passed by the House and the “United States innovation and Competition Act” passed by the Senate. We wrap up the conversation talking about provisions in the House passed “Securing a Strong Retirement Act of 2022” or SECURE 2.0.

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