The formation of a partnership is generally a nonrecognition transaction for both the contributing partner and the newly-created partnership. Thus, as a general rule, no gain is recognized by a ...

Wix and PayPal are forming a partnership that will allow Wix merchants to make their products available on AI large-language models and accept payments though PayPal's agentic commerce services.

Food trucks have become as ubiquitous on the streets of Manhattan as pigeons in Central Park. Unsurprisingly, the New York City food truck business is highly regulated, requiring licensure of those ...

RSM US LLP and RSM UK Holdings have revealed plans to form a transatlantic partnership, which is scheduled to take effect ...

Apollo and 8VC are forming a partnership to use private credit markets to support American industrial innovation. The companies said the initiative, which will deploy several billion dollars, will ...

TORONTO--(BUSINESS WIRE)--Contend, a leading content creation and marketing company in Canada and the U.S., has announced a strategic partnership with Postmedia Network Inc., to launch Postmedia ...

It is fairly common knowledge in CPA circles that the rate at which the IRS examines partnership returns has cratered. Because of this, it may have escaped notice that the IRS has methodically ...