How Will the Inflation Reduction Act Affect Construction Contractors?

The Inflation Reduction Act (IRA) of 2022 was signed into law by President Biden on August 16, 2022, and contains various provisions related to climate change, healthcare, and taxes, that directly affect individuals and businesses alike. Although they weren’t advertised as much, many provisions in the IRA directly impact the construction industry.

On Wednesday, September 21, 2022, join Marty McCarthy, CPA, CCIFP, for a virtual seminar where he will discuss the IRA, the latest information from the IRS, and their applicability to your client’s business, and answer questions.

Martin C. McCarthy, CPA, CCIFP

Managing Partner

McCarthy & Company, PC

Marty McCarthy, CPA, CCIFP, is well-respected by sureties and bankers for the high quality of his work and profound understanding of the construction industry. Marty helps clients by providing them with the insight needed to grow their business and become more profitable. He is well-regarded as an expert on the Payroll Protection Program (PPP) and other COVID-19 related government programs.

A speaker and author on topics related to construction accounting and financial management, Marty has presented seminars for the National Association of Surety Bond Professionals (NASBP), Construction Financial Management Association (CFMA), Associated Builders and Contractors (ABC), Architectural Glass & Metal Association (AGMA), and Construction Association of Eastern Pennsylvania (CAEP). His articles are featured in leading trade and business publications including CE This Week (Construction Executive), Utility Transportation Contractor (UTCA), and New Jersey CPA (NJCPA).

See your success with Old Republic Surety. Success can come from a ferocious appetite to win. Strength helps too. Choose a surety partner with the character to win. We write bid bonds, performance & payment bonds and maintenance bonds in all 50 states. Responsive, Reliable, Respected - Old Republic Surety.