Kerala High Court held that issuance of notice for imposition of penalty under section 271B for failure to furnish audit report after more than four years of completion of assessment is barred by ...

Expecting a sizable income tax refund? You have choices about how to use that money. ISU Extension's Barb Wollan offers these suggestions.

Accounting students from Montana State University's Jake Jabs College of Business and Entrepreneurship are offering free tax ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Many CPAs we talked to emphasized the importance of consistent contributions to your retirement fund. “Funding one’s retirement is investing in ...

Net Interest Income increased $3.4 million, or 3.8%, to $91.8 million for the year ended December 31, 2024, from $88.4 million for the year ended ...

You might need to complete a tax return for a number of reasons – for instance, if you are self-employed, if you need to pay the “high income child ... Unique Taxpayer Reference number to ...

The income tax department has come out with a fresh guidance note on the applicability of the Principal Purpose Test (PPT) for claiming tax treaty benefits, which will apply prospectively.

$0 for Free Edition (~37% of filers qualify. Form 1040 and no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest), $39 to $69 for Deluxe, $89 to $129 for ...

Beyond its potential for steady income and long-term appreciation, real estate offers unique and powerful tax benefits that can lead to long-term protection of your assets. Some tax strategies ...

Image Source : PTI/FILE PHOTO Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chairs the eighth pre-Budget consultation with the stakeholders and representatives from the trade ...