--- title: 2021 Year End Tax News description: Minimize your tax liability by following the steps laid out for you in our 2021 Year End Tax Newsletter image: https://blog.brixeyandmeyer.com/hubfs/Copy%20of%20Tax%20Email%20Header%20(1)-1.png --- [![Brixey Meyer](https://blog.brixeyandmeyer.com/hs-fs/hubfs/raw_assets/public/Brixey_and_Meyer_January2023/images/Brixey-white.png?width=3092&height=1080&name=Brixey-white.png "Brixey Meyer")](https://www.brixeyandmeyer.com/) - [Home](https://www.brixeyandmeyer.com/) - [Our Services](https://brixeyandmeyer.com/#headline-143-59) - [Audit & Assurance](https://www.brixeyandmeyer.com/audit-and-assurance) - [CFO Services](https://www.brixeyandmeyer.com/cfo-services) - [Cyber Risk Management](https://www.brixeyandmeyer.com/cyber-sure) - [Environmental, Social & Governance](https://www.brixeyandmeyer.com/environmental-social-governance-services-esg) - [Human Resources](https://www.brixeyandmeyer.com/human-resources) - [Operations, Technology & Strategy](https://www.brixeyandmeyer.com/operations-technology-strategy) - [Retirement Plan Administration](https://www.brixeyandmeyer.com/retirement-plan-administration) - [State & Local Tax](https://www.brixeyandmeyer.com/state-local-tax) - [Tax Compliance & Consulting](https://www.brixeyandmeyer.com/tax-compliance-and-consulting) - [Transaction Advisory](https://www.brixeyandmeyer.com/transaction-advisory-services) - [Valuation](https://www.brixeyandmeyer.com/valuation-services) - [Insights](https://blog.brixeyandmeyer.com/) - [About](https://brixeyandmeyer.com/?page_id=206) - [About B&M](https://www.brixeyandmeyer.com/about-bm) - [Our Team](https://www.brixeyandmeyer.com/our-team) - [Join Our Team](https://www.brixeyandmeyer.com/join-our-team) - [Contact](https://www.brixeyandmeyer.com/contact) - [Get Started](https://www.brixeyandmeyer.com/get-started) - [Client Portal](https://www.clientaxcess.com/#/login) - [Make a Payment](https://secure.cpacharge.com/pages/brixeyandmeyer/payments) - [Home](https://www.brixeyandmeyer.com/) - [Our Services](https://brixeyandmeyer.com/#headline-143-59) - [Audit & Assurance](https://www.brixeyandmeyer.com/audit-and-assurance) - [CFO Services](https://www.brixeyandmeyer.com/cfo-services) - [Cyber Risk Management](https://www.brixeyandmeyer.com/cyber-sure) - [Environmental, Social & Governance](https://www.brixeyandmeyer.com/environmental-social-governance-services-esg) - [Human Resources](https://www.brixeyandmeyer.com/human-resources) - [Operations, Technology & Strategy](https://www.brixeyandmeyer.com/operations-technology-strategy) - [Retirement Plan Administration](https://www.brixeyandmeyer.com/retirement-plan-administration) - [State & Local Tax](https://www.brixeyandmeyer.com/state-local-tax) - [Tax Compliance & Consulting](https://www.brixeyandmeyer.com/tax-compliance-and-consulting) - [Transaction Advisory](https://www.brixeyandmeyer.com/transaction-advisory-services) - [Valuation](https://www.brixeyandmeyer.com/valuation-services) - [Insights](https://blog.brixeyandmeyer.com/) - [About](https://brixeyandmeyer.com/?page_id=206) - [About B&M](https://www.brixeyandmeyer.com/about-bm) - [Our Team](https://www.brixeyandmeyer.com/our-team) - [Join Our Team](https://www.brixeyandmeyer.com/join-our-team) - [Contact](https://www.brixeyandmeyer.com/contact) - [Get Started](https://www.brixeyandmeyer.com/get-started) ![](https://blog.brixeyandmeyer.com/hubfs/Copy%20of%20Tax%20Email%20Header%20(1)-1.png) # 2021 Year End Tax News Published by [Jeff Kujawa](https://blog.brixeyandmeyer.com/author/jeff-kujawa) on Dec 21, 2021 12:15:12 PM ![Tax Email Header (1)-Dec-21-2021-03-31-01-21-PM](https://blog.brixeyandmeyer.com/hs-fs/hubfs/Tax%20Email%20Header%20(1)-Dec-21-2021-03-31-01-21-PM.png?width=744&name=Tax%20Email%20Header%20(1)-Dec-21-2021-03-31-01-21-PM.png) This has obviously been anything but an ordinary year and it appears the Build Back Better Act will not be signed by December 31st. Any proposed legislation will most likely be effective beginning January 1, 2022. In 2021, Congress did pass the Infrastructure Investment and Jobs Act to spur the economy and help with our federal highways, highway safety programs, transit and other purposes. However, this bill had minimal income tax consequences. As we approach year end, now is the time for individuals, business owners, and family offices to review their 2021 and 2022 tax situations and identify opportunities for reducing, deferring, or accelerating tax obligations. Areas potentially impacted by proposed tax legislation still in play should be reviewed, as well as applicable opportunities and relief granted under legislation enacted during the past year. Minimize your tax liability by following the steps laid out for you in our 2021 Year End Tax Newsletter:   [![2021 Year End Tax Newsletter](https://no-cache.hubspot.com/cta/default/443942/e865f567-14f2-4d0f-89cd-42f23c48d1eb.png)](https://cta-redirect.hubspot.com/cta/redirect/443942/e865f567-14f2-4d0f-89cd-42f23c48d1eb)   If you would like to speak to one of our tax specialists, please call: 1 (866) 760-0940 or visit our website to start the conversation [HERE](https://www.brixeyandmeyer.com/lets-talk/).  Tags: [Takeaways](https://blog.brixeyandmeyer.com/topic/takeaways), [brixey and meyer](https://blog.brixeyandmeyer.com/topic/brixey-and-meyer), [Tax](https://blog.brixeyandmeyer.com/topic/tax), [Tax Team](https://blog.brixeyandmeyer.com/topic/tax-team), [Tax updates](https://blog.brixeyandmeyer.com/topic/tax-updates), [2021](https://blog.brixeyandmeyer.com/topic/2021), [2022 Tax Planning](https://blog.brixeyandmeyer.com/topic/2022-tax-planning) [Back to Blog](https://blog.brixeyandmeyer.com) - [Tweet](https://twitter.com/share) ## Related Articles ## [2022 Year End Tax News](https://blog.brixeyandmeyer.com/2022-year-end-tax-newsletter) 2022 has been a quiet year for tax legislation although the Inflation Reduction Act did include... [Read More](https://blog.brixeyandmeyer.com/2022-year-end-tax-newsletter) ## [2025 Year End Tax News](https://blog.brixeyandmeyer.com/2025-year-end-tax-news) As the year draws to a close, it's the perfect time for individuals, business owners, and family... [Read More](https://blog.brixeyandmeyer.com/2025-year-end-tax-news) ## [2023 Year End Tax News](https://blog.brixeyandmeyer.com/2023-year-end-tax-newsletter) As we approach year end, now is the time for individuals, business owners, and family offices to... 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