Mid-Year Update – Inflation Reduction Act and CHIPS Act
September 13, 2023
Watch this video to hear the latest developments in the Inflation Reduction Act and CHIPS Act. Learn how your business can benefit from these tax credits.
The Inflation Reduction Act (IRA) and the CHIPS Act were milestone pieces of legislation in 2022. The IRA provided new ways for businesses to capitalize on domestic energy production to encourage clean energy. While the CHIPS Act encourages the forward movement of the U.S. semiconductor industry through three rounds of funding that will each focus on different aspects of manufacturing.
Our speakers discuss recent updates pertaining to the IRA and CHIPS Act along with the various benefits eligible businesses have been able to utilize throughout the year. With a focus on how your business can take advantage of these valuable tax credits and incentives.
Learning Objectives:
- Obtain an overview of the IRA and CHIPS Act
- Learn about the first Notice of Funding Opportunity (NOFO) and what’s to come
- Understand the impact of the IRA on your business
- Learn about legislative and IRS updates