Experts warn that those caught could face a penalty of up to 200% of the misreported amount under Section 10(13A) of the ...

Should I leave it to them in my will and pay inheritance tax; sell it now and give them the money, but pay capital gains tax; ...

Implementing Employee Benefit Programs can be part of a contractor’s tax planning strategy. These programs include health ...

The Indian taxation framework, as delineated by the Income Tax Act of 1961, may initially seem daunting. Nevertheless, acquiring a comprehensive understanding ...

In the realm of taxation, income is classified into various categories, with one of the most significant being Income from Business and Profession. This ...

Here is a list of 7 best tax-saving investment options in India, by investing in which you can save tax and lay the ...

While Florida’s corporate tax rate is a key consideration for businesses, it’s important to remember that companies must also comply with federal tax obligations. The federal corporate tax rate is ...

Showing your young adult kids how to file a return helps to demystify taxes, set up a good financial habit and teach them ...

Discover top-rated tax relief services to help you resolve tax issues, reduce debt, and avoid penalties. Learn how ...

US Commerce Secretary Howard Lutnick said that Donald Trump aims to abolish taxes for those earning less than $150,000 a year ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business ...