Current Federal Tax Developments

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2022-03-21 Limits for Vehicle Depreciation for 2022

This week we look at:

  • IRS releases revised depreciation limits for 2022 for autos under IRC §280F

  • Lawmakers send yet another letter to the IRS regarding stopping the sending of notices

  • Farmer/fisherman estimated tax payment relief formalized in an IRS Notice

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2022-03-21 Limits for Vehicle Depreciation for 2022 Edward K. Zollars, CPA (Kaplan Financial Education)

Articles for this week’s update can be downloaded at: