How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...

Social media has been buzzing with posts about taking tax deductions for your pet. But are they true? Can Fido or Fluffy ...

Ellis emphasizes that tax planning should be constant for small-business owners and shared some tips. Ellis said that weekly ...

April 15 falls on a Tuesday this year, so unlike certain years in the recent past, no combination of weekends or local ...

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

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, ...

I can’t help but dream this time of the year. It’s the thick of winter, you see, which means I’m spending hours huddled in my home office getting a million tax details in order for my CPA. And I’m ...

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 ...