Insights and analysis on the tax law provisions in the "IRA"
On August 16, 2022, President Biden signed into law H.R. 5376 (commonly referred to as the Inflation Reduction Act of 2022 or IRA)—the budget reconciliation legislation that includes significant law changes related to tax, climate change, energy, and healthcare. From this page, you can access the latest KPMG updates and insights on the IRA.
Candy Land game helps taxpayers navigate the corporate alternative minimum system
Read July 24 article
Group instructions: book consolidated, tax consolidated, and single-employer
Read July 31 article
KPMG report discusses 2023 Draft Form 1120 and 2023 Draft Form 4626
August 3 reportHow states approach conformity to federal tax laws
June 13, 2023 The manner in which states have incorporated or may incorporate in the future the income tax provisions of the Inflation Reduction Act into their own tax laws is an important issue taxpayers must take into account when determining the full impact of the IRA on their business. This article provides insights on how states approach conformity to federal tax laws and further analyzes how states may conform to key IRA provisions.
Download PDFReport | Effect of IRS funding on information reporting
KPMG TaxNewsFlash
Podcast | The Biden Tax Plan in a Post-IRA World: What Now?
KPMG Catching Up on Capitol Hill Episode 11-2022
Report | Analysis and Observations: Tax Law Changes in the “Inflation Reduction Act”
KPMG TaxNewsFlash
Report | IRA and CHIPS: Accounting for key tax provisions
KPMG Financial Reporting View Hot Topic
Webcast replay | Accounting Considerations of the IRA and CHIPS Acts
KPMG TaxWatch
Report | Draft forms provide insight into compliance burden imposed by new CAMT
KPMG TaxNewsFlash
Journal Article | CAMTyland Adventures, Part II: ‘Right-Sizing’ in the Licorice Lagoon
Tax Notes International
Journal Article | CAMTyland Adventures: Part I – A Guide to the Corporate Alternative Minimum Tax
Tax Notes International
Journal Article | Why REITs Should Be Paying Attention to the Corporate AMT
Tax Notes Federal
Podcast | I Literally CAMT: Dealing with Your International Min Tax Issues
KPMG Inside International Tax Episode 03-2023
Webcast replay | CAMPT Through Financial Accounting Eyes
KPMG TaxWatch webcast
Podcast | CAMT RuM&Ations: Exploring the Impact of Notice 2023-7 on Transactions
KPMG Inside International Tax Episode 02-2023
Insights | What Should CFOs, the C-Suite, and Tax Execs Know About the CAMT?
CAMT considerations and FAQs from KPMG (updated after IRS Notices 2023-7 and 2023-20)
Journal Article | Gold and Coal Found in Corporate Alternative Minimum Tax Guidance
Bloomberg Tax
Webcast | Corporate Alternative Minimum Tax: What Treasury's Guidance Tells Us
KPMG TaxWatch webcast
Report | Initial Observations on Round 1 of CAMT Guidance in Notice 2023-7
KPMG TaxNewsFlash
Journal Article | Adventures in CAMTyland: The Partnership ‘Distributive Share Only’ Rule in the Corporate Alternative Minimum Tax
Tax Management Memorandum
Podcast | CAMT Stop, Won’t Stop: Corporate AMT under the Inflation Reduction Act
KPMG Inside International Tax Episode 09-2022
KPMG Washington National Tax Contact List
Webcast | Unlocking Value For Your Organization Through the Inflation Reduction Act
KPMG Trade Watch
Webcast | IRA Update: Guidance on direct pay and transferable tax credits
KPMG TaxWatch
Report | Handbook: Tax Credits
KPMG Financial Reporting View
Report | Initial Observations on Guidance Relating to Clean Vehicle Credit under Section 30D
KPMG TaxNewsFlash
Report | Analysis and observations about prevailing wage and apprenticeship requirements
KPMG TaxNewsFlash
Insights | 48C Advanced Energy Project Credit
IRA updates related to the Section 48C tax credit from KPMG
Webcast replay | IRA Energy Tax Credits: Opportunities for Exempt Organizations and State/Local Governments
KPMG TaxWatch
Webcast replay | Federal Credits and Incentives Changes – What You Need to Know About the Inflation Reduction Act
KPMG TaxWatch
Advanced Manufacturing Production Credit
Advanced Manufacturing Production Credit Eligible Components List
Summary of Credit Provisions in the Inflation Reduction Act
Journal Article | The Stock Buyback Excise Tax: Practical Considerations for Retirement Plans and Equity-Based Compensation Arrangements
Bloomberg Tax Management Compensation Planning Journal
Report | Stock repurchase excise tax and funding rule considerations for inbound taxpayers
KPMG TaxNewsFlash
Report | IRA stock buyback, practical considerations for retirement plans and equity-based compensation arrangements
KPMG TaxNewsFlash
Journal Article | Four Takeaways from Treasury's Corporate Stock Buyback Guidance
Bloomberg Tax
Report | Analysis and observations on initial guidance on new 1% stock repurchase excise tax
KPMG TaxNewsFlash
Journal Article | Current Events Roundup: The New Stock Buyback Excise Tax, ILM 202224010, and Deitch v. Commissioner
Journal of Taxation of Financial Products
Webcast | The New Stock Buyback Tax – Observations and Uncertainties
KPMG TaxWatch
Journal Article | Current Events Roundup: Stock Buyback Excise Tax, Corporate AMT, and Digital Asset Guidance
Journal of Taxation of Financial Products
Podcast | Technology Industry: Tax Incentives in the CHIPS Act and Inflation Reduction Act
KPMG Tax Through an Industry Lens
Report | Tax Provisions in the “Inflation Reduction Act of 2022” Relevant to the Banking Industry; Potential Implications
KPMG TaxNewsFlash
Webcast replay | Inflation Reduction Act: Implications for the Energy and Chemicals Industry
KPMG TaxWatch
Service
Reinstatement of Superfund excise taxes
Congress reinstated three excise taxes that affect the petroleum and chemicals industries.
Insight
Biden Administration Tax Legislation
Stay informed about potentially significant changes to the U.S. tax landscape.
Insight
Be ready for disruption - tax insights
Tax insights and analysis to help organizations respond with speed and confidence