Federal Tax Update: Taxes and Medical Expenses

https://vimeo.com/809579912

https://www.currentfederaltaxdevelopments.com/podcasts/2023/3/19/2023-03-20-taxes-and-medical-expenses

 

This week we look at:

• Trust that was meant to be a CRAT found not to be one and attempted fix was too late and not undertaken correctly
• PLR looked at whether item for consumption by infant to reduce risk of developing a condition was all or partially a medical expense
• IRS produces FAQ on whether different types of health expenses qualify as medical expenses