The bipartisan Infrastructure Investment and Jobs Act doesn't make many tax law changes. But it does include some significant provisions affecting the employee retention credit and tax reporting for cryptocurrency.
The IRS has released individual tax brackets, retirement plan contribution limits and more tax-related numbers for the new year.
There’s an increased chance that businesses that accept payments through third-party networks, such as Venmo, may be required to file Form 1099-K.
Tax relief may be available if you've been a victim of a natural disaster.