In this last minute before tax season starts, I want to remind you that Congress has not passed any major legislation (yet) affecting 2022 returns. A few things occurred in late 2022 that we discussed in our 1040 classes, but nothing major has occurred. Nevertheless, there are a number of compliance and preparation reminders needing to be discussed.

Starting January 11 at noon (ET), and for the next few weeks, we will be running our 1-hour “2022 Last Minute Tax Update” for $30 including CPE. You can sign up with us or through many of our state society affiliates.

Our normal pattern is that this will be the last newsletter until April 15th. If Congress passes major legislation that has an immediate or retroactive effect I will get a newsletter out within 2 days alerting you to Taxspeaker’s summary (like I did 3 years ago), but we are all hoping this does not occur.

Bob Jennings