If you’re a millionaire, congratulations, you have made it, and you should only be thinking about what to do with all of your ...

Making tax digital (MTD) for income tax is part of the government’s strategy to reduce this gap. It introduces requirements ...

Worried about IRS wage garnishment? Here's what to know about your options before more of your paycheck disappears.

Discover why property accounting offers accounting firms growth potential ahead of MTD. Learn how to win landlord clients ...

While there isn’t a one-size-fits-all number, the rule of thumb many experts recommend is having at least three to six months ...

Before the ITAT, Dixon Technologies reiterated its arguments and submitted additional evidence under Rule 29 of the Income Tax Appellate Tribunal Rules, 1963. This evidence included copies of the ...

State and local taxes you pay are deductible if you itemize on your federal income tax return. But the Tax Cuts and Jobs Act of 2017 capped the state and local tax (SALT) deduction at ...

Imagine for a moment how you would feel as a property investor if the government then required you to have it formally valued ...

Article 1727 of the French tax code establishes the principle that a declarant using a mention expresse will not have to pay ...

To demonstrate, we can calculate a company's total expenses based on its total revenue from the income statement and its owners' equity from the balance sheet. Image source: Getty Images.

Consent fee paid by businesses under SEBI Act, SCRA Act, Depository Act and Competition Act will now not to be treated as business expenditure, Income Tax Department has said. That means such an ...

Also Read | Income Tax Slabs FY 2025-26 explained: 20 FAQs individual taxpayers should check to understand tax rates, income tax benefit under new tax regimeFor the tax brackets of Rs 20,00,001-24 ...