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Home > Archives for Build Back Better Act

How Build Back Better Bill will Affect Business Owners in 2022

January 2, 2022

Business owners should be aware that IRS audits in 2022 will increase as the government tries to find funding for the new trillion dollar Build Back Better Act.

The Build Back Better Bill, also known as the Build Back Better Act, is structured to support the middle class and expand the economy. It states that taxes for those with an income under $400,000 will not change. But the funding for this trillion-dollar act needs to come from somewhere. … [Read more]

Filed Under: Blog, IRS, News Tagged With: Audit, Audit Criteria, Audit Letter, Build Back Better, Build Back Better Act, Build Back Better Bill, business owner, IRS, IRS Audit

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