Chapters C$14-26,-$ For the first five months of its existence $($August through December $2021),$ the Estate of Amy Ennis had gross income $($net of expenses$)$ of $$7,000$ per month. For January through July $2022,$ the executor estimates that the estate will have gross income $($net of expenses$)$

totaling $$5,000.$ The estate$$s sole beneficiary is Amy$$s uncle, Joe, an unmarried, calendar year taxpayer. Joe incurred a large NOL from his sole proprietorship years ago, and $$34,000$ of the pre$-2018$ NOL carryover remains but expires at the end of $2021.$ During $2021,$ Joe$$s only income was $$10,000$ from part$-$time employment. What tax issues should the executor of Amy$$s estate consider with respect to distributions of the estate$$s income?

C$15-36-$The IRS audited the tax returns of Darryl Blueberry, a former major league outfielder.

It contended that, between $2014$ and $2017,$ Blueberry earned $$800,000$ for autograph signings, appearances, and product endorsements, but he reported only $$60,000$ of income. Blueberry attributed the shortfall to his receipt of cash for autograph sessions and promotional events. He allegedly concealed the cash payments in separate bank accounts of which his CPA was unaware. What tax compliance issues regarding the alleged under$-$reporting are pertinent?