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:

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

2022-08-29 Current Federal Tax Developments