MEDIA ALERT - 2022 Post-Tax Filing Season Update
Wolters Kluwer Tax & Accounting:
What: For many taxpayers and tax practitioners, the tax filing season increasingly extends to October, although the end of the spring filing season does offer an opportunity to catch your breath and reflect on what else has been going on in the tax world. Unlike recent years, this spring, Congress did not enact significant tax legislation. This means there is still a lot in the legislative hopper to consider before year-end, or even before the November elections. Some of the tax proposals had a few provisions with retroactive effective dates to 2021, as time passes however, these dates are likely to be revised. Tax proposals not enacted in 2021, if enacted in 2022, are still likely to impact tax planning and returns in 2022/2023. Learn more about some of the proposed changes outlined below in this recently published 2022 Post-Filing Season Tax Briefing Update from Wolters Kluwer Tax & Accounting.
Why: Many of the tax proposals currently before Congress could impact tax planning this year and tax return preparation in 2023:
Contact: To arrange an interview with Mark Luscombe or other federal and state tax experts from Wolters Kluwer Tax & Accounting on this or any other tax-related topics, please contact Kelly De Castro.
PLEASE NOTE: These materials are designed to provide accurate and authoritative information in regard to the subject matter covered. The information is provided with the understanding that Wolters Kluwer Tax & Accounting is not engaged in rendering tax advice or accounting, legal, tax or other professional service.