2024-06-24 Supreme Court Upholds the 965 Transition Tax
Current Federal Tax Developments06/23/24 • -1 min
This week we look at:
- Supreme Court rules, in a more divided than it may appear opinion, that the §965 transition tax is Constitutional, sustaining the result from the Ninth Circuit in the Moore case.
- IRS gives interim guidance for special distribution relief in the SECURE Act 2.0 for certain distributions.
- IRS indicates it will now be (slowly) processing ERC claims, vast majority show issues
An audio only version of this week’s broadcast can be downloaded or streamed below:
A PDF with the citations and copy of the slides for this week can be downloaded below:
06/23/24 • -1 min
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