President Biden scored a win on some issues, but a loss on others when he signed the Inflation Reduction Act into law. The legislation left the estate and gift tax alone and made modest changes to the income tax. The Act will have a significant impact on those on Medicare because of the cap on out-of-pocket prescription drug costs and insulin. Read on to learn more.
Published courtesy of DeBruyckere Law Offices
Latest posts by Daniel DeBruyckere (with materials provided by the Academy) (see all)
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