This session will review the major federal tax developments of August 2022, including the Inflation Reduction Act signed into law by President Biden. However, the most significant development of the month came in Notice 2022-36 and News Release 2022-155 where IRS announced that it would not impose a late filing penalty on most 2019 and 2020 income tax returns if filed by September 30, 2022. This was a big month for new developments.
Learning Objectives:
Stein Sperling Bennett De Jong Driscoll PC
Principal
[email protected]
(301) 340-2020
As chair of the firm’s tax practice group, David helps businesses and individuals with a broad range of tax planning and controversy matters, estate planning, business transactions, and valuations. A CPA with a Master of Laws in Taxation from Georgetown University Law Center, he is accredited in estate planning by the National Association of Estate Planners and Councils and in business valuation by both the American Institute of Certified Public Accountants and the National Association of Certified Valuators and Analysts. With over 35 years of experience, David brings a high level of expertise, sound judgment, and personal attention to help solve his clients’ tax, estate, and business matters.