About this episode

This episode discusses the implications of New Section 68 on trusts and estates, along with various tax law changes and credits.

This week we look at: Application of New Section 68 to Trusts and Estates Assessing the Risks of Hindsight in Late § 475(f)(1) Elections The Eradication of the 5% Safe Harbor (Clean Energy) Limits of § 2036(a) and Tax-Motivated Transfers Section 183 Hobby Losses & Penalties New Section 25F Education Freedom Tax Credit

Topics covered

• Trusts and Estates
• Tax Law Changes
• Hobby Losses
• Tax Credits
• Clean Energy Limits

Keywords

• Trusts
• Estates
• Tax Law
• Hobby Losses
• Education Freedom Tax Credit
• Clean Energy
• Tax-Motivated Transfers

Mentioned in this episode

Organizations: The Ohio Society of CPAs

Books & works: New Section 68, § 475(f)(1), § 2036(a), Section 183, New Section 25F Education Freedom Tax Credit

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