The application of the federal “step transaction” doctrine to New York City (“NYC”) real estate transactions can severely limit application of the long-standing “mere change in form” exemption under ...

Pub. L. No. 119-21, enacted on July 4, 2025, marks a sweeping overhaul of the United States Internal Revenue Code of 1986 (Code). Fulfilling a major campaign promise of the Trump Administration, the ...

GM lays off more than 1,700 at sites in Michigan, Ohio, citing EV challenges Paramount Lays Off Thousands of Workers, Including at CBS China tries to cover up toxic mining disaster: WSJ 'Hurricane ...

Sir Keir Starmer today repeatedly refused to rule out breaching Labour's manifesto pledge by overseeing a Budget tax raid on workers. The Prime Minister failed to commit to keeping his pre-election ...

A deduction to defray homeowners’ state income taxes and local property taxes is getting much more generous, following fierce debate among lawmakers in Washington. The focus on the write-off is now ...

First Minister John Swinney has refused to rule out tax increases in next year's Scottish Budget. His government has been warned it could face a £1bn funding shortfall if the UK government raises ...

Georgia quarterback Gunner Stockton has come through in the clutch in wins over Tennessee and Ole Miss. Brett Davis / Imagn Images Some high-profile programs had no choice but to dip into the transfer ...

The Government has issued a statement about how tax allowance rules impact the state pension. The update came after a question from Liberal Democrat MP Freddie van Mierlo asking if the Government had ...

Sandro Tonali's post-match comments have caused something of a stir despite the Newcastle United star admitting he is still happy on Tyneside. The Italian midfielder was questioned about his future ...

PBS' six-part, 12-hour documentary lets Burns, Sarah Botstein and David P. Schmidt dive deep into all-too-relevant U.S. history. By Daniel Fienberg Chief Television Critic In mentioning Ken Burns‘ ...