Internal Revenue Code section 6330(d)(1)’s 30-day time limit to file a petition for review of a collection due process case is not a jurisdictional deadline and is subject to equitable tolling.
While we expect the annual inflation rate to peak this quarter as the comparisons to the lower levels of a year ago wear off, the risk of rising prices will remain.
With rising prices proving to be stickier than expected, business leaders have been facing a challenge: how to set prices in a highly inflationary environment.
Manufacturing grew at a slower rate in back-to-back months as labor shortages continued to hamper production while demand moderated from January's high.
Next week’s Federal Open Market Committee meeting will kick off an extraordinary two months of policy decisions by the Federal Reserve in which we expect the…
The Federal Reserve has started to normalize interest rates, lifting the short-term transaction cost off the zero bound. The result has been a 100-basis point…
A new law suspends Russia’s preferential trade status, and a separate proposal would deny foreign tax credits and certain deductions for U.S. companies earning income in Russia.
Long ago and far away, it was once taught that inflation has long and variable lags. That still probably applies when setting policy, managing a portfolio or…
As the pandemic and the Russian invasion of Ukraine have disrupted global energy markets, oil production in the United States has lagged the steep price increase.
