Tax and financial planning news from around the web: July 8 – 12, 2024

SCOTUS gives CFOs ‘brand new lens’ for tax positions 

Businesses should review their tax positions to see if they are dependent on a regulation that might be vulnerable to a challenge, attorney Robert Kovacev said. 

Millennials are ‘very ill-prepared’ to be the richest generation in history, wealth manager says 

Millennials have been portrayed as lazy and frivolous spenders, more keen to open their purse strings for avocado toasts instead of saving for a house — so just how equipped are they in managing the seismic flow of income?