Five Last Minute Tax Deductions – TheStreet

2022 has been a bumpy ride for Americans, with an economy in turmoil, virus angst, rising numbers of layoffs, a lackluster stock market, and a general downward slope in consumer confidence.

Weary US adults may not be in the mood, but the end of the year represents a good time to get some of that mojo back in the form of money-saving tax breaks. 2022 has also been a year of change for the Internal Revenue Service, with new rules and allowances introduced by Congress and the IRS over the past 12 months.

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