In September, the government passed the "Inflation Reduction Act."  Today Bruce Hosler of Hosler Wealth Management breaks down the key pieces of the legislation and how it can affect you going forward.  We break it down into 9 key areas:

1. Health Care Premium Tax Credit
2. New Home Energy Systems Tax Credits
3. New Energy Efficient Home Improvement Tax Credits
4. Electric Vehicle (EV) Tax Credits
5. The Tax increases
6. New Gift Tax Exclusion Rules
7. Increased IRS Interest Rates on Overdue Balances
8. The New $"80 billion stronger" IRS
9. The IRS Auditing More Pass-Thru Entities, High Net-worth individuals, Cross-border activities, and Virtual Currency Transactions.

To contact Bruce Hosler and the team at Hosler Wealth Management, visit them online at https://www.hoslerwm.com/

Or call them in their Prescott office at 928-778-7666 or their Scottsdale office at 480-994-7342.

For more podcast episodes, visit our podcast website at https://protectingwealthpodcast.com/

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