Inflation Reduction Act 2024 How To Apply

Inflation Reduction Act 2024 How To Apply. Starting january 2024, the inflation reduction act expanded the program to cover more drug costs for people with limited resources: The ira provides billions of dollars in incentives, grants and loans to support new infrastructure investments in the areas of clean energy, transportation and the environment.


Inflation Reduction Act 2024 How To Apply

The current corporate rate is 21% and the corporate minimum, raised under the inflation reduction act, is at 15% for companies making more than $1 billion a year. The inflation reduction act (ira) was signed into law by the president on august 16, 2022.

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