The American Bar Association’s Section of Taxation held its 2024 May Meeting May 2-4 in Washington, DC. The annual meeting is an opportunity for practitioners to participate in discussions and take advantage of CLE programs on the latest developments in tax law, convening the nation’s leading tax attorneys and government officials to examine federal, state, and local tax policies.
Miller, Miller & Canby’s Peter Randolph joined a “Hot Topics for Closely Held Businesses” panel, focusing on recent developments in tax legislation, regulatory guidance, changes in IRS policy, and FTC rules regarding non-competes, and reviewing pertinent cases and their impact on closely held businesses.
One such case was National Small Business United v. Yellen, No. 5:22-cv-01448 (N.D. Ala.), where the National Small Business Association and one individual challenged the constitutionality of the Corporate Transparency Act. The Northern District of Alabama District Court entered a declaratory judgment that the CTA exceeded the Constitution’s limitations on congressional power, prohibiting the government from enforcing the CTA against the plaintiffs in this case. Randolph and other members of the panel offered insight on this and other pertinent rulings, discussing the impact of the rulings and taking questions from attendees. The three-day event featured numerous panel discussions and networking opportunities in venues across the city.
To learn more about future ABA Section of Taxation events and programs visit here.
Peter Randolph is a Principal in Miller, Miller & Canby’s Business and Tax practice group. His multijurisdictional practice is focused on business law and tax advocacy.
He may be reached at pdrandolph@mmcanby.com.
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