The Beacon – October 19, 2022

MZQ Beacon Alert – October 19, 2022

In this Edition:

On October 18, 2022, the Internal Revenue Service issued Revenue Procedure 2022-38 that sets forth
various 2023 tax-related limits that have been adjusted for inflation. The table below identifies
updates to the 2023 health and fringe benefit plan limits addressed in the notice.

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