Central Intelligence, December 2023
Stay informed on important court rulings and legislative updates that can impact our industry. Each month, this publication summarizes topics that can directly impact your business. Our December 2023 issue includes:
- Inflation-adjusted tax figures for 2024 released
- Trusts held to have transferee liability for taxable gain generated after a sale of stock by the trusts
- IRS denies virtually all business deductions in overly aggressive business arrangement
- Appeals Court vacates District Court ruling that invalidated required IRS reporting related to §419 plans