5. How to prepare for taxes in 2023

Who doesn’t want to be prepared and know exactly what’s going to happen? You sure like surprises (in general), but paying a lot of taxes might not be your cup of tea. However, there are a few simple things you can do to always be ahead of the game.

The rule of thumb says that you have to be prepared for every situation that might occur. In our case, it means that you should know the effects inflation has on your taxes and how to get ready to file in 2023.