Inflation Reduction Act Explained

Inflation is currently affecting everyone. In June, inflation jumped to 9%. This has resulted in us spending more than last year on our purchases. Software costs are rising, wages are rising, and everything is generally going up. As a result of rising inflation, Senator Joe Manchin and Senate Majority Leader Chuck Schumer recently announced a reconciliation agreement known as the Inflation Reduction Act of 2022 on July 27th. So this week The Jeff Trapp Podcast sets out to discuss rising inflation and how this new bill could affect your taxes. If you're worried about rising inflation or how this bill could affect you go ahead and tune in. Enjoying these tax tips? Check out our tax savings master course to learn how to save on taxes now. Get 75% off with the discount code PODCAST2022 when you sign up at https://www.taxsavingsmastercourse.com/ The Jeff Trapp podcast is sponsored by The Tax Planning Pros which helps entrepreneurs save $15K-$100K plus each year on taxes and create additional cash flow! For more information visit https://thetaxplanningpros.com/