It doesn’t seem possible but here we are, the beginning of January and the start of another tax year. With calendar year 2022 now in the rear view mirror we bid farewell to all the Covid related law changes like stimulus payments and expanded child tax credits that we’ve had to navigate and we say hello to all the new law changes we have to plan for like expanded retirement savings rules under the SECURE 2.0 bill, 1099-K forms, and also new beefed up energy credits in the Inflation Reduction Act (IRA…seriously, couldn’t they have named this something else).
So without further ado, here are some quick reminders: