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.
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- How Tax and Non-Tax Considerations Impact Estate Planning – Part II - May 15, 2023
- How Tax and Non-Tax Considerations Impact Estate Planning – Part I - May 1, 2023