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Managing your taxes can be a confusing affair. Each year, new adjustments are made to combat inflation and implement new laws that benefit certain groups. If you’re unaware of these changes, you may find yourself paying more or fewer taxes than you should be.
For the tax year 2022, the Internal Revenue Service (IRS) already announced new tax rate schedules for over 60 provisions.
Check out this infographic from Peace of Mind Tax Help. It goes over 10 tax facts every American taxpayer should know about in 2022.
Source: https://peaceofmindtaxhelp.com/tax-facts-and-statistics-2022/
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