Great Question @BlueThorness!
These are the primary areas that the new bill could affect your family:
Clean Vehicle Credit
Energy Credits on Home
Solar Energy Credits
Extended Affordable Care Health Care Subsidies
Caps on Medicare out-of-pocket expenses for prescription drugs
Corporate Tax Changes
https://ttlc.intuit.com/turbotax-support/en-us/help-article/energy-tax-credits-deductions/inflation-...
https://proconnect.intuit.com/taxprocenter/tax-law-and-news/what-you-need-to-know-about-the-inflatio...
And this is regarding the Student Loan Forgiveness Program:
https://proconnect.intuit.com/taxprocenter/tax-law-and-news/student-loan-debt-relief-and-what-it-mea...
If your children are still in school, they may not be paying back student loans just yet. But an important tax law to keep track of if anyone is graduating or leaving school soon.
Do these help in any way? Please let me know if you are looking for more detail on any one of these.
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