Marcum LLP Issues 2022 Year-End Tax Guide
NOVEMBER 29, 2022 (New York City, NY) – Marcum LLP today released its 2022 Year-End Tax Guide, covering a broad range of tax planning strategies and considerations for 2022 and 2023. The 96-page report includes two dozen articles and a compendium of reference tables highlighting tax planning opportunities based on changes in tax law this year.
Joseph Perry, Marcum’s national Tax & Business Services leader, said, “As the world continues to adapt to a new normal, taxpayers are putting more emphasis than ever on planning. In recognition that what worked before may not work now, we hope that this year’s Tax Guide will help clients find opportunities that add up to make a big impact. For businesses, the move back to proactive planning parallels the sunsetting of provisions in the Tax Cuts and Jobs Act of 2017 and the passing of new legislation. For individuals, astute planning should keep a close eye on strategies pertaining to personal investments, retirement plan contributions, income and expense recognition, charitable donations, medical expenses, child tax credits, and more.
“2022 brought new economic uncertainties and challenges, spurred by soaring inflation rates, global conflicts, and political discord. The future direction of tax legislation is uncertain, which means planning must envision alternative strategies tailored to each taxpayer’s particular needs.”
The 2022 Marcum Year-End Tax Guide is a reference tool to assist clients with decision-making and tax planning for 2022 and 2023.
About Marcum LLP
Marcum LLP is a top-ranked national accounting and advisory firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals. Marcum’s industry-focused practices offer deep insight and specialized services to privately held and publicly registered companies, and nonprofit and social sector organizations. The Firm also provides a full complement of technology, wealth management, and executive search and staffing services. Headquartered in New York City, Marcum has offices in major business markets across the U.S. and select international locations. #AskMarcum.