2022 was a year filled with many tax changes and updates. In this video, I’ll go over the most important tax changes and highlights for the 2022 tax year, that affect your taxes that are due in April. Most of the Covid-19 related provisions have expired, and you should be aware of those. In August, the Inflation Reduction Act was passed and includes some new tax law changes as well.
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Do you have questions about 2022 Tax Updates and Highlights? I’m an Illinois-licensed, Registered Certified Public Accountant with over 25 years of experience. I’m dedicated to providing outstanding tax and accounting services to individuals and small businesses in the Chicago area.
Disclaimer: Any accounting, business or tax advice contained in this article, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, I would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.