Current Federal Tax Developments

View Original

2022-08-29 IRS Releases Penalty Relief

This week we look at:

  • Trust terms mean estate gets no deduction for marital or charitable contribution for specified payment value

  • IRS provides for broad penalty relief for certain returns from 2019 to 2020

  • National Taxpayer Advocate publishes blog post explaining IRS penalty relief

An audio only version of this week’s broadcast can be streamed or downloaded below:

Your browser doesn't support HTML5 audio

2022-08-29 IRS Releases Penalty Relief Edward K. Zollars, CPA (Kaplan Financial Education)

Articles for this week’s update can be downloaded as a PDF below:

2022-08-29 Current Federal Tax Developments