2024-06-24 Supreme Court Upholds the 965 Transition Tax
Federal Tax Update Podcast · The Ohio Society of CPAs
June 23, 202459m 11s
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Show Notes
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