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

The slides and links to the documents can be downloaded here:

2023-03-20 Current Federal Tax Developments