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 Teaching Professor
Division of Applied Social Sciences
University of Missouri
Adjunct Professor
The American College

Andrew is an Associate Teaching Professor for the Personal Financial Planning program in the Division of Applied Social Sciences at the University of Missouri and an Adjunct Professor at The American College.  Andrew was instrumental in founding and growing the Missouri Taxpayer Education Initiative, a program that uses “Taxpayer Assistance as a Gateway to Financial Education”. Over the past seven years, more than 27,000 returns have been prepared at MoTax sites and more than $24 million has been refunded; a large portion of these returns have been prepared by students in the class Andrew teaches. 

Continuing Education (CE) Credit

Continuing Education

This webinar has been approved for 1.5 Continuing Education (CE) credits for:

• The Association for Financial Counseling & Planning Education (AFCPE) for Accredited Financial Counselors (AFC); and
• The Center for Financial Certifications (FinCert) for Certified Personal Finance Counselors (CPFC).

Event Materials

Webinar Slides | PDF

Cover Photo: Nataliya Vaitkevich / Pexels