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Business & Finance

IRS Reverses Course On Listed Transaction Penalties In New Guidance

Internal Revenue Service AFP via Getty Images The IRS routinely monitors abusive tax transactions. If a particular transaction becomes more prevalent, the agency identifies it as a “listed transaction,” requiring self-reporting by taxpayers (IRS Form 8886) and material advisors (IRS Form 8918). The agency can impose significant civil penalties and criminal sanctions for the failure […]

Technology

Broadcom reverses controversial plan in effort to cull VMware migrations

Customers re-examining VMware dependence VMware has been the go-to virtualization platform for years, but Broadcom’s acquisition has pushed customers to reconsider their VMware dependence. A year into its VMware buy, Broadcom is at a critical point. By now, customers have had months to determine whether they’ll navigate VMware’s new landscape or opt for alternatives. Beyond […]

Science

New gene drive reverses insecticide resistance in pests… then disappears

The self-eliminating “e-Drive” reverses insecticide resistance. Credit: Bier Lab, UC San Diego Insecticides have been used for centuries to counteract widespread pest damage to valuable food crops. Eventually, over time, beetles, moths, flies and other insects develop genetic mutations that render the insecticide chemicals ineffective. Escalating resistance by these mutants forces farmers and vector control […]