Four Federal Cases Tax Practitioners Must Watch in 2024

This year, the US Supreme Court will weigh several prominent cases affecting tax administration, including a challenge to a foreign earnings provision estimated to generate hundreds of billions of dollars, and a fishing business’ challenge to a decades-old doctrine that gives deference to regulatory agencies when interpreting ambiguous statutes.

Other questions facing the federal courts include how to potentially resolve a circuit split on estates’ treatment of life insurance proceeds and the IRS’s ability to recover certain penalties.

Here are four cases tax practitioners should track in 2024:

Moore v. United States

In Moore v. United States, the Supreme ...