Equitable tolling does not apply to excuse late filing of petition
Oct 31, 2025
Supreme Court decisions: Implications for the tax and accounting profession
Explore the library for insights on recent Supreme Court decisions their tax and accounting professional implications.
Loper Bright Enterprises v. Raimondo, No. 22-451 (U.S. 6/28/24)
In Loper Bright, the Supreme Court overruled the longstanding Chevron doctrine, which granted latitude for agencies to interpret the statutes they administer in dispute cases. The ruling in Loper Bright marks a monumental shift in power to the courts as opposed to executive agencies in the interpretation and implementation of federal law.
Loper Bright Enterprises v. Raimondo, No. 22-451 (U.S. 6/28/24)
In Loper Bright, the Supreme Court overruled the longstanding Chevron doctrine, which granted latitude for agencies to interpret the statutes they administer in dispute cases. The ruling in Loper Bright marks a monumental shift in power to the courts as opposed to executive agencies in the interpretation and implementation of federal law.
Corner Post, Inc. v. Board of Governors of the Federal Reserve System, No. 22-1008 (U.S. 7/1/24)
The Supreme Court’s decision in Corner Post clarifies the timeframe in which a party can sue an agency under the Administrative Procedure Act (APA) for harm caused by the agency’s final regulations. It significantly extends the timeframe to be by 6 years from when the party is injured (as opposed to the previous 6 years from when the ruling was issued).
Corner Post, Inc. v. Board of Governors of the Federal Reserve System, No. 22-1008 (U.S. 7/1/24)
The Supreme Court’s decision in Corner Post clarifies the timeframe in which a party can sue an agency under the Administrative Procedure Act (APA) for harm caused by the agency’s final regulations. It significantly extends the timeframe to be by 6 years from when the party is injured (as opposed to the previous 6 years from when the ruling was issued).
Access answers to frequently asked questions about Loper Bright and the Chevron Doctrine, such as:
What impact will the reversal of the Chevron doctrine have on future tax law?
Is Congress considering any legislation that would reinstate Chevron?
Access answers to frequently asked questions about Loper Bright and the Chevron Doctrine, such as:
What impact will the reversal of the Chevron doctrine have on future tax law?
Is Congress considering any legislation that would reinstate Chevron?
Guidance and insights
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Resources
News and articles
Equitable tolling does not apply to excuse late filing of petition, The Tax Adviser, Oct. 21, 2025
Supreme Court: Tax Court lacks jurisdiction when levy is satisfied, The Tax Adviser, Sept. 30, 2025
Practical considerations for taxpayers and advisers following Loper Bright and Corner Post, The Tax Adviser, Aug. 30, 2025
Supreme Court: Tax Court lacks jurisdiction after removal of levy, The Tax Adviser, June 13, 2025
Loper Bright and the future of deference to state tax authorities, The Tax Adviser, March 31, 2025
Connelly clarifies estate treatment of stock redemption, The Tax Adviser, Nov. 1, 2024
Melancon: Supreme Court decisions are ‘big deal’ for tax pros, The Tax Adviser, Aug. 1, 2024
AICPA releases statement on SCOTUS Moore ruling, AICPA, July 2, 2024
Supreme Court overrules 40-year-old Chevron doctrine, The Tax Adviser, June 28, 2024
Supreme Court decision on Chevron doctrine will affect tax pros, Journal of Accountancy, June 24, 2024
Supreme Court issues narrow opinion upholding Sec. 965 transition tax, The Tax Adviser, June 20, 2024
Supreme Court: Insurance proceeds increase corporation’s estate tax value, The Tax Adviser, June 7, 2024
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