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2024-08-05 House Passed Tax Bill Fails to Clear Cloture Vote in the Senate

2024-08-05 House Passed Tax Bill Fails to Clear Cloture Vote in the Senate

Federal Tax Update Podcast · The Ohio Society of CPAs

August 4, 202457m 55s

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Show Notes

This week we look at:

  • Tax bill fails to clear a procedural vote in the Senate, reducing the likelihood we'll see the bill enacted before this Congress leaves office
  • US District Court declines to issue preliminary injunction requiring the IRS to terminate the ERC claim moratorium, but finds much the court liked in the plaintiff's arguments.