Jennifer Breen

2 months ago | jdsupra.com | Andreas Andrews |Jennifer Breen |Daniel Carmody

In 2024, several significant tax developments emerged that are set to impact the private fund industry in 2025. These changes include pivotal US Tax Court (Tax Court) opinions, updates to Internal Revenue Service (IRS) forms, and new regulations proposed by the IRS and the US Department of the Treasury (Treasury). Private equity funds, hedge funds, and other private investment funds, along with their investors and advisors, should be cognizant of these developments.

Aug 26, 2024 | onlinelibrary.wiley.com | Michael Gleason |Jennifer Breen

References American Council on Education. (2024). Carnegie Classification of Institutions in Higher Education. The 2024 elective classification for leadership in public purpose. https://carnegieclassifications.acenet.edu/elective-classifications/leadership-about/ , & (2020). The national leadership education research agenda 2020–2025: Advancing the state of leadership education scholarship. Journal of Leadership Studies, 14(3), 33–38. https://doi.org/10.1002/jls.21714 , & (2022).

Jul 15, 2024 | morganlewis.com | Jennifer Breen

The Wall Street Journal quoted partner Jennifer Breen in an article about how the US Supreme Court’s decision to overturn the Chevron doctrine will impact the Treasury Department’s process for promulgating rules based on the tax code.

Jul 3, 2024 | jdsupra.com | Jennifer Breen |Matthew Schnall |James Steele

On June 28, 2024, the US Supreme Court decided Loper Bright Enterprises v. Raimondo and Relentless, Inc. v. Department of Commerce, which ended the era of judicial deference to agencies’ interpretations of federal law, as expressed in formal rules and regulations. The decision will have far-reaching impacts on all federal agencies, including the US Department of the Treasury and Internal Revenue Service, as well as for taxpayers.

Jul 2, 2024 | morganlewis.com | Jennifer Breen |Matthew Schnall |James Steele

On June 28, 2024, the US Supreme Court decided Loper Bright Enterprises v. Raimondo and Relentless, Inc. v. Department of Commerce, which ended the era of judicial deference to agencies’ interpretations of federal law, as expressed in formal rules and regulations. The decision will have far-reaching impacts on all federal agencies, including the US Department of Treasury and Internal Revenue Service, as well as for taxpayers.