Forbes Real Time

IRS Gives Six Month Extension For Certain Partnerships To File Superseding Returns

Recently, in Revenue Procedure 2019-32, the IRS provided a six-month extension for certain partnerships to file a superseding Form 1065 (its partnership return) and corresponding Schedules K-1 to each of its partners.  The Bipartisan Budget Act of 2015 (the “BBA”) drastically changed the way that partnerships are audited, including partnership-level assessments; smaller partnerships, however, can […]

DC News & Analysis US Washington Post: Breaking News World

Senate Armed Services panel votes to advance Trump’s pick to be military’s No. 2, despite sexual assault allegations

The Senate Armed Services Committee voted Wednesday to recommend that President Trump’s pick to be the military’s second-highest officer be confirmed by the full Senate, despite an Army colonel’s allegations that he repeatedly sexually assaulted her while she served under him. The vote was 20 to 7, reflecting bipartisan support for Gen. John E. Hyten, […]

Associated Press

Crowder catching on quickly as weapon for Jets

Jamison Crowder signed with the New York Jets as a free agent in the offseason because he envisioned plenty of action in Adam Gase’s offense. The wide receiver has caught on quickly in training camp, becoming a favorite target of Sam Darnold. (July 31) Subscribe for more Breaking News: Website: Twitter: Facebook: […]

Reuters: Top News

U.S., China to keep talking on trade after little progress in Shanghai

SHANGHAI/WASHINGTON (Reuters) – U.S. and Chinese negotiators ended a brief round of trade talks on Wednesday with little sign of progress and agreed to meet again in September, prolonging an uneasy truce in a year-long trade war between the world’s two largest economies. The talks were the first face-to-face meetings since U.S. President Donald Trump […]


‘Where Are the Fiscal Conservatives?’: Senate GOP Continues to Blast Bipartisan Budget Deal Ahead of Vote

Senate Republicans continued Wednesday to come out swinging against a bipartisan budget and debt limit deal that is expected to be voted on Thursday morning, despite President Donald Trump and Republican leadership urging its members to support it. The hang-up for Republicans in the upper chamber is that the two-year, $2.7 trillion budget agreement would […]