IRS takes a critical look at plaintiff lawyer fee deferral for the first time in two decades. Getty Images Last month, for the first time in two decades, the IRS took a critical look at plaintiff lawyer fee deferrals. In its December, 2022, Generic Legal Advice Memorandum (the “GLAM”), the IRS considered and rejected a […]

Share to FacebookShare to TwitterShare to Linkedin Will global growth roar higher in 2023? It’ll depend whether China’s post-zero-Covid reopening boom actually materializes. getty Depending on who you speak with, 2023 will either be a year of global boom or of a chaotic slide toward recession. The problem, of course, is that both camps can […]

Manufacturing Prices Universal Value Advisors The CPI for December was released on January 12th (-0.1% M/M; +6.5% Y/Y). As it turns out, inflation was transitory after all – the time frame was 18 months. Supply chains are back to normal, and we see evidence of falling prices everywhere we look. The ISM survey of prices […]