Each tax season has its own unique challenges. In 2022 working the 2021 tax year, I encountered several first time experiences after 20+ years of tax preparation. There were many provisions that only applied to the 2021 tax year. How I kept it all straight is truly a miracle. As I spoke to new clients and to returning clients, I come to understand how challenging the past couple years has been for them. As observations of the 2021 tax year are shared, I will be providing reminders of how the planning for 2022 is important as the rules have changed with many 2021 tax rules gone for good. As always the recommendation to work with a tax professional not just a tax preparer will be stressed to help you the taxpayer to always pay only the necessary tax.
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