US legal trends 2025

by

Ed.

From www.accountingtoday.com: Lawsuits pending before the Supreme Court and federal courts in 2025 may impact the enforcement powers of the IRS and SEC, with cases challenging the IRS’s ability to collect certain pre-bankruptcy tax payments and scrutinizing the SEC’s enforcement capabilities.

The Corporate Transparency Act also faces legal hurdles as federal judges have halted its implementation, prompting a potential Supreme Court review.

Cases involving 3M and Abbott Laboratories are testing new boundaries for agency rulemaking in light of the recent limitations placed on Chevron deference.

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