Recent final regulations offer guidance as to what Treasury and the IRS may consider an eligible method for partnerships and Sec. 987 QBUs held by partnerships to determine Sec. 987 gain or loss.

He may be the best Oregon quarterback in the history of the program as The Athletic has Marcus Mariota a Top 25 player in the ...

Attracting the best quarterback talent in the nation is a strong component of USC's history. Class of 2026 commit Jonas ...

For taxpayers that have a qualified business unit (QBU) with a functional currency other than the dollar, Sec. 987 provides rules on how to adjust for changes in exchange rates. On Dec. 10, 2024, ...

Need a break? Play the USA TODAY Daily Crossword Puzzle Mariota left some big cleats to fill and until Bo Nix and Dillon Gabriel made their way to Eugene, the two Heisman finalists recreated the ...