Overview of the Inflation Reduction Act of 2022

August 18, 2022

On Aug. 16, 2022, President Biden signed the Inflation Reduction Act, which includes a sweeping set of tax, climate and health care reforms. NJCPA member Nicole DeRosa, CPA, of Wiss & Company LLP, provides a 10-minute rundown of the Act’s tax provisions affecting corporations and individuals.


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Nicole M. DeRosa

Nicole M. DeRosa

Nicole DeRosa, CPA, MAcc, is a senior tax manager at Wiss. She is an NJCPA Trustee and has served on several interest groups and committees. Nicole can be reached at

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