Current Federal Tax Developments - June 15, 2026

Topics covered: -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 Current Federal Tax Developments is brought to you by Kaplan Financial Education and MOCPA.