Income taxes

6 Months Ended

Jun. 30, 2023

Income Tax Disclosure [Abstract]

Income Taxes

18. Income Taxes

The effective tax rate for the three months ended June 30, 2023 was 11.3% compared to 32.7% for the three months ended June 30, 2022. The total tax provision for the three months ended June 30, 2023 was $15,322 compared to a benefit of $86,539 for the three months ended June 30, 2022. The effective tax rate for the six months ended June 30, 2023 was 14.0% compared to 185.4% for the six months ended June 30, 2022. The total tax provision for the six months ended June 30, 2023 was $44,282 compared to a benefit of $136,220 for the six months ended June 30, 2022. Our prior year benefit and effective tax rate was primarily driven by significant discrete items, including the remeasurement of a deferred tax liability in conjunction with an internal reorganization. The Company has not recognized any significant discrete items in the first half of 2023.