Tariffs on Trial: What the Supreme Court Ruling Means for Tax Practitioners

In this episode, host April Walker, CPA, CGMA, Senior Manager — AICPA & CIMA, is joined by Kasey Pittman, Managing Director of Tax Policy — Cherry Bekaert.  A recent Supreme Court decision invalidated key tariffs issued under the International Emergency Economic Powers Act (IEEPA) — raising major questions about refunds, executive authority and what comes next. We discuss the ruling itself, explain what tariffs are impacted and outline practical steps tax practitioners should consider right now for importer clients.

What you'll learn from this episode:

·       Why the Supreme Court invalidated the IEEPA tariffs

·       Which tariffs are affected and which remain in place

·       What we know (and don't know) about potential refunds

·       How tax practitioners with importer clients can add value right now

·       What to watch next in tariff policy

AICPA resources

Supreme Court decisions: Implications for the tax and accounting profession

Tariff Resource Center

Tax implications of tariffs

Other resources