Tax Year 2022 Archives - Lincoln Tax Professionals https://newsite.lincolntax.com/category/tax-year-2022/ Tax Preparers and Tax Consulting Mon, 30 Dec 2024 21:02:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://i0.wp.com/newsite.lincolntax.com/wp-content/uploads/2025/01/Web-Favicon.png?fit=32%2C32&ssl=1 Tax Year 2022 Archives - Lincoln Tax Professionals https://newsite.lincolntax.com/category/tax-year-2022/ 32 32 241685655 The New Tax Year is Here! https://newsite.lincolntax.com/2023/01/16/the-new-tax-year-is-here/ Mon, 16 Jan 2023 20:53:08 +0000 https://newsite.lincolntax.com/?p=943 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

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]]> 943 Inflation Reduction Act of 2022 https://newsite.lincolntax.com/2022/08/11/inflation-reduction-act-of-2022/ Thu, 11 Aug 2022 19:48:11 +0000 https://newsite.lincolntax.com/?p=940 If you’ve been following the news the past few weeks you’ve heard about this new bill making its way through the Senate called the Inflation Reduction Act of 2022.  You’ve also probably heard that it will have tax implications attached to it as well.  As this is still only just a bill up on Capital

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]]> 940 Mileage Deduction Changes https://newsite.lincolntax.com/2022/08/11/mileage-deduction-changes/ Thu, 11 Aug 2022 19:40:03 +0000 https://newsite.lincolntax.com/?p=936 The IRS recently announced an increase in the standard mileage rate for the last six months of 2022.  This change will apply to taxpayers who are self-employed using their automobile for their business as well as rental property owners who travel to their property to perform or oversee maintenance on the property as well as

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