LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Selecting the appropriate business structure is a critical decision that impacts tax obligations, liability, and operational efficiency. The check-the-box regulations issued by the IRS, offer ...

A weather system in the Caribbean is likely to become a tropical storm later this week, according to meteorologists. The United States’ National Hurricane Center has increased the chances of a ...

Melaka police chief Dzulkhairi Mukhtar said the four suspects are under remand until Oct 16 to assist in the investigation. Four Form 5 students in Alor Gajah, Melaka, have been arrested over the gang ...

A new tropical storm could form in the Atlantic this week and continue the 2025 hurricane season’s backloaded burst of tropical activity. Even though fewer storms tend to form now, in the late-season, ...

In a move no one asked for, Meta is introducing “Vibes,” a new feed in the Meta AI app and on meta.ai for sharing and creating short-form, AI-generated videos. Think TikTok or Instagram Reels, but ...

Savitribai Phule Pune University has opened exam form submissions for the 2025–26 winter semester, with deadlines and a new fee structure in place. Savitribai Phule Pune University (SPPU) has opened ...

A pair of diamonds that formed hundreds of kilometers deep in Earth’s malleable mantle both contain specks of materials that form in completely opposing chemical environments—a combination so unusual ...

The full form of WWW is the World Wide Web. It is a system of interconnected hypertext documents and other resources accessed via the internet. It's often confused with the internet itself, but they ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...