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this is the current federal tax developments for the week of april 26 2021. current federal tax developments are brought to you by your state society of cpas and by kaplan professional education i should say kaplan financial education got to remember the right names for things dollars and again broadcasting here from phoenix were getting a little warmer you know were getting a little bit more into the summary times were going to get there or itll be warmer right now its not too bad at all we definitely get way higher than this were going to look at whats gone on this week and a few things are going to be on our list first im going to do a brief discussion of the new proposals that have been rumored and well talk about what you do which is mainly nothing at this point in time when im recording right now with regard to these new proposals because acting at this point can almost always turn out badly ill phrase it that way yes in retrospect youll probably see something you sho