Inflation Reduction Act Archives

Guardian

$80bn for the IRS? Fund the US taxman, but not like this

(This story originally appeared in The Guardian) Ask any accountant we’ll tell you that the Internal Revenue Service is woefully underfunded. Our clients complain about…

Gene MarksAugust 20, 2023

Philly.com

Some small businesses could face significantly higher taxes this year

(This column originally appeared in the Philadelphia Inquirer) Taxes are one of the most significant expenses for most small businesses so when the government changes…

Gene MarksMarch 7, 2023

The Hill

How Elizabeth Warren’s anti-business sentiment hurts the economy

(This column originally appeared on The Hill) (Sen. Elizabeth Warren (D-Mass.) is smart, hardworking, passionate and dedicated. But wow — she’s really not a fan…

Gene MarksSeptember 29, 2022

The Hill

Five ways the Inflation Reduction Act will reduce business owners’ taxes

(This column originally appeared on The Hill) Will the Inflation Reduction Act (IRA) reduce inflation? That remains to be seen. But one thing it will…

Gene MarksAugust 18, 2022

Philly.com

The Inflation Reduction Act just became law, and gives more money for IRS tax enforcement. Here’s how small businesses can prepare.

(This article originally appeared in the Philadelphia Inquirer) The Inflation Reduction Act — which was signed into law by President Joe Biden on Tuesday —…

Gene MarksAugust 17, 2022

Washington Times

Three items in the Inflation Reduction Act that will hurt small businesses

(This article originally appeared in the Washington Times) Here comes the Inflation Reduction Act, and none of my small business clients, Republican or Democrat, would…

Gene MarksAugust 16, 2022