Loper Bright ruling taxes is a major legal shift that affects how federal agencies — including the IRS — create and enforce rules. In this episode, Tom Wheelwright sits down with tax attorney Joe Bishop-Henchman to explain what the decision actually changes for taxpayers and small business owners.

Joe Bishop-Henchman, vice president of tax policy and litigation at the National Taxpayers Union Foundation, breaks down the end of broad agency deference and what it means in practice. Instead of agencies having wide authority to interpret unclear laws, courts will now decide more disputes directly — changing how regulations, audits, and enforcement may unfold.

You will learn:

• Why the ruling limits federal agency power
• How the IRS and other regulators may approach enforcement
• What small businesses should expect during audits and disputes
• How entrepreneurs can better protect themselves going forward

This topic matters now because many business owners unknowingly rely on regulatory interpretations that may no longer stand. Understanding the legal framework behind tax enforcement helps entrepreneurs reduce risk, challenge improper assessments, and work more effectively with their tax professionals.

Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: https://winwinwealthstrategy.com