Webinar Recording

Hot Topics and Planning Opportunities within CHIP’s and IRA of 2022 for A&E Firms

calendar iconNovember 11, 2022

Two landmark legislative pieces were passed in 2022, the Creating Helpful Incentives to Produce Semiconductors (“CHIPS”) Act and the Inflation Reduction Act (“IRA”). Each piece of tax legislation offers significant planning opportunities along with tax credits/deductions and grants and incentives available to taxpayers that meet specific criteria. This session will discuss each of these pieces of tax legislation along with outlining new federal grant programs, tax credits, and other incentives for eligible A&E firms. It will also discuss certain limitations and challenges, next steps and offer guidance for A&E firms seeking to take advantage of the new tax incentives under the CHIPS Act and IRA of 2022.

Learning Objectives:

  • Overview of the CHIPS Act and Inflation Reduction Act
  • New federal Grant and Loan programs
  • Best practices to secure optimum tax benefits under the new legislation

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