Tax Experts Warn You to Prepare for This From the IRS in 2022

The 2022 tax season has just begun, with taxpayers able to file their returns with the Internal Revenue Service (IRS) as of Jan. 24. The agency has warned about processing delays amid COVID, staff shortages, and an already-extensive backlog of returns from last year. But that's not all taxpayers have to prepare for. From stimulus payments to child tax credits, there were a number of alterations made to the tax code over the last couple years that will likely result in notable differences for returns in 2022. With that in mind, experts are warning people to prepare for one significant change this year. Read on to find out what you should be aware of when filing your tax returns.

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Read the original article on Best Life.