January 2025 was a busy month for cases and rulings as Congress commenced work on a major tax bill. The U.S. Supreme Court allowed FinCEN to enforce the Corporate Transparency Act pending a March Trial on the merits. IRS delayed until at least 2026 the requirement that certain heirs of retirement plans and IRAs take minimum distributions annually. Lastly, the Tax Court dealt with an Alabama sheriff who borrowed money from an Inmate Meals Fund. Learning Objectives: List the latest regulations, rulings, and pronouncements from the IRS Summarize the most recent decisions out of the Tax Court and federal district courts around the country.

Learning Objectives:

• List the most recent regulations, rulings, and announcements issued by the IRS


• Summarize the recent judicial determinations from the Tax Court and federal district courts nationwide


• Identify the implications of the Corporate Transparency Act as upheld by the US Supreme Court


• Recognize the postponement impact of the IRS's minimum distribution requirement on retirement plan heirs

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