IRS changes to R&D tax credits affect manufacturers. Learn about updates to Form 6765, disclosure rules, and possible ...

Social media has been buzzing with posts about taking tax deductions for your pet. But are they true? Can Fido or Fluffy really be a tax write-off? You might be surprised that the answer is both yes ...

As the IRS tax season kicks off on January 27, 2025, understanding how to deduct medical expenses can significantly impact ...

Salaried taxpayers with non-business income can switch between tax regimes yearly. Those with business income who opt out of ...

The government considers interest on CDs, savings and other deposit accounts as taxable income. That means you must report it ...

There is a lot to know when it comes to filing taxes. Our complete guide for the 2024 tax year (filing in 2025) should help.

ITAT Pune held that delay in filing audit report in Form 10CCB due to technical problem is justifiable and hence denial of claim under section 80IAC of the Income Tax Act not justified. Accordingly, ...

If an LLP provides taxable goods or services, it must apply for GST registration. Once registered, LLPs can claim Input Tax Credit (ITC) on their purchases, reducing their overall tax liability. GST ...

Immediate action is required by all professionals and relevant personnel within the organization. The final month of fiscal ...

Certain states have considered enacting legislation facilitating the creation of portable benefit accounts for independent contractors, including ...