Planning for your 2022 federal tax obligations might seem like an overwhelming task. Inflation and rising insurance rates make tax planning more important than ever. Numerous changes are coming in 2023 with regard to tax rates, tax brackets, deductions and other issues. How you prepare for 2022 will affect what happens when your 2023 taxes come due. Now is a great time to start planning. The following is an overview of what you need to know and what you might expect.