The partnership-level adjustment may be required for a substantial built-in loss, except for electing investment partnerships and securitization partnerships.

NBA commissioner Adam Silver said Thursday that the league will consider the topic of expansion more fully once the recently ...

Horizon Bancorp faces slower loan growth but expects margin improvement. Learn why HBNC stock offers 19% upside and a 4.1% ...

Selling an inherited property can be a complex process, especially when it comes to understanding tax obligations.

The Rajasthan High Court addressed a case where Namrata Jain, an NRI residing in the USA for over 15 years, challenged an income tax reassessment initiated under Section 148A(d) of the Income Tax Act, ...

Form 7217, Partner’s Report of Property Distributed by a Partnership, debuted for 2024, intended to apprise the IRS of ...

Alibaba has committed to invest $52 billion in its cloud computing and AI infrastructure over the next 3 years as part of a ...

If we plan to do away with provision of selling the corporate debtor in liquidation rules, we must look for a replacement within the IBC.

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of ...

It's not fun to see the value of your investments suddenly dive, but the truth is the stock market was due for a correction ...

When the chatter about potential NBA expansion first started to bubble, the list of issues the league needed to work through ...

Technology group BATM Advanced Communications (BVC: 15p) has been progressing with a strategy outlined in June 2023 to prioritise core businesses (cyber security, network solutions and diagnostics) ...