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Home > Federal Tax Update Podcast > 2024-06-24 Supreme Court Upholds the 965 Transition Tax
Podcast: Federal Tax Update Podcast
Episode:

2024-06-24 Supreme Court Upholds the 965 Transition Tax
Category: Business
Duration: 00:59:11
Publish Date: 2024-06-23 23:29:00
Description:

This week we look at:

  • Supreme Court rules, in a more divided than it may appear opinion, that the ยง965 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
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