Two-Digit Numbers
The duration of the plan, in years, included in the Inflation Reduction Act.
What is 10?
The date the Inflation Reduction Act became effective.
What is August 16, 2022?
The informal name the IRA was introduced in the House of Representatives.
What is the Build Back Better Act?
CAMT
What is Corporate Alternative Minimum Tax?
The total number of total provisions included in the IRA.
What is 152?
The number of tax law provisions included in the IRA.
What is 38?
The three filing seasons the MFRA Branch has been impacted by Clean Energy and IRA Provision changes.
What are FS23, FS24, and FS25?
The tax that sets a minimum tax amount for large corporations.
What is the Corporate Alternative Minimum Tax (CAMT)?
IRA, and I'm not talking about retirement accounts.
What is the Inflation Reduction Act?
DAILY DOUBLE
The IRA aims to better serve these three groups through workforce expansion, improved technology, and enhanced compliance efforts.
Who are the tax system, taxpayers, and employees?
The number of Clean Energy tax provisions that have begun since the enactment of the IRA.
What is 21?
What is the targeted PRN deployment date (for annual Filing Season changes, including IRA)?
The MFRA section impacted by Clean Energy & IRA Provision changes for the past 3 filing seasons (FS23, FS24, FS25)
BMFRES-A/OLRC
The two major provision areas of the IRA that impacted the MFRA Branch.
What are Clean Energy and the Corporate Alternative Minimum Tax (CAMT)?
Two of the modernization projects supporting IRA initiatives in the MFRA Branch.
What are EPMF Mod, IR Mod, IOLA, BMF Mod, and IMF Mod?