Petitioner, a LLP, engaged in the business of manufacturing and sale of goods claimed to be exempted from liability of ...

Speculation for this year's budget centers around possible modifications to tax slabs and the introduction of new relief ...

Some related-party 'basis shifting' arrangements are now considered 'transactions of interest' per the IRS's final regulations.

On December 23, 2024, the Tax Court ruled in Denham Capital Management LP v. Commissioner (T.C. Memo. 2024-114)[1], that limited partners that actively participated in the activities of a fund manager ...

As Texas has emerged as the leader in battery storage growth, League City is poised to add two facilities to benefit the city's energy grid.

Welcome to our 17th annual edition of the Top 10 business divorce cases featured on this blog over the past year. This ...

In Europe’s thriving startup ecosystem, the road from concept to success is laden with opportunities—and challenges. European ...

The Institute of Chartered Accountants of India (ICAI) has proposed tax reforms to promote climate change mitigation, a ...

A partnership is one of the most common forms of business organization, characterized by two or more individuals coming ...

A lawyer in New York needs help paying off her loans from law school. Are educational assistance programs the answer?

Laura Cable was elected partner at Cox, Castle & Nicholson in Los Angeles, the firm announced Wednesday.