---
title: "Taxes: What to Expect in 2022"
date: 2022-07-27
author: "David J. Cohen"
featured_image: "https://beachfleischman.com/wp-content/uploads/2022/07/2022-0727-Taxes_What-to-Expect-in-2022_blog.avif"
categories:
  - name: "Tax Bites"
    url: "/category/tax-bites.md"
tags:
  - name: "tax credits"
    url: "/tag/tax-credits.md"
  - name: "tax planning"
    url: "/tag/tax-planning.md"
---

# Taxes: What to Expect in 2022

*The full version of this article appears in the August 2022 issue of TRENDreport.*

> For the first time in many years, there is little happening at the federal level with respect to taxes. The proposed [Build Back Better](https://beachfleischman.com/tax-bites/2021/11/u-s-house-passes-the-build-back-better-act/) legislation has been stalled in Congress and the outlook for passage in its current form is murky at best. As a CPA having to deal with multiple rounds of tax law changes in the last four years, it is a welcome relief.
> 
> However, there is one change ahead that will affect real estate investors. [Bonus depreciation](https://beachfleischman.com/tax-bites/2022/07/businesses-act-now-to-make-the-most-out-of-bonus-depreciation/) which has been widely used by the [real estate industry](https://beachfleischman.com/industries/real-estate-phoenix-tucson-arizona-accountants-cpas/) to accelerate tax depreciation, will be reduced from 100% to 80% in 2023. Therefore, some investors might want to push closings of real estate purchases before year-end. Further, [tax-saving cost segregation studies](https://beachfleischman.com/tax/cost-segregation-accountants-cpas/) should be performed sooner rather than later.

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[**Full Article**](https://beachfleischman.com/wp-content/uploads/2022/07/cohen_0822TrendReport.pdf) | [TRENDreport](https://trendreportaz.com/)