Jan 14, 2022
In this episode:
- The Build Back Better Bill has yet to be finalized.
- The Child Tax Credit will revert to pre-2021 rules.
- Many tax incentives were set to expire at the end of 2021.
- The Social Security wage base has increased.
- 401K contribution limits will increase.
- The allowable limits for Gift Tax amounts will...
Jan 1, 2022
In this episode:
- The increase in mileage rates for 2022.
- The Premium Tax Credit repayment has been extended.
- The Build Back Better Bill will not be passed by year-end. Look for a revised version in 2022.
- Before you donate, check online for an organization’s tax-exempt status, even if it’s one you’ve donated to...