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2023 Tax Updates: What Service Providers Need to Know

2023 Tax Updates: What Service Providers Need to Know

About This Webinar:

Learn about the recent tax changes that are likely to impact military finances. Due to many of the expanded benefits of 2021 expiring, the 2022 tax laws look more like 2020 tax rules. For example, a family that received a refund of $12,000+ in 2021 from the expanded tax credits may receive only ~$800 in 2022 from the same tax credits (actual client example). If clients are unaware of the temporary nature of the 2021 tax changes, they might be unpleasantly surprised by potential changes in their refunds. Join Andrew Zumwalt as he explores popular tax strategies and discusses the inflation bump to the 2023 tax figures, including the standard deduction, tax brackets, and other relevant accounts.

Presenter:

Andrew Zumwalt, Associate Extension Professor, Associate State Specialist, & Co-Director of the Center for Economic Education, University of Missouri.

CE credit is available.


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Please RSVP for this free webinar here: https://oneop.org/event/134950/

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About the Extension Foundation

The Extension Foundation was formed in 2006 by Extension Directors and Administrators. Today, the Foundation partners with Cooperative Extension through liaison roles and a formal plan of work with the Extension Committee on Organization and Policy (ECOP) to increase system capacity while providing programmatic services, and helping Extension programs scale and investigate new methods and models for implementing programs. The Foundation provides professional development to Cooperative Extension professionals and offers exclusive services to its members. In 2020 and 2021, the Extension Foundation has awarded 85% of its direct funding back to the Cooperative Extension System, 100% of funds are used to support Cooperative Extension initiatives. 

This technology is supported in part by New Technologies for Ag Extension (funding opportunity no. USDA-NIFA-OP-010186), grant no. 2023-41595-41325 from the USDA National Institute of Food and Agriculture. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of the U.S. Department of Agriculture or the Extension Foundation. For more information, please visit extension.org. You can view the terms of useat extension.org/terms.

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