The Tribunal clarified that expenditure disallowances do not qualify as assets under section 149(1). Without asset-based escaped income, reopening beyond three years is barred. This offers strong ...

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

Before filing your tax return, be sure you understand these 14 key tax forms, what they're for, and how they can impact your ...

Tax filing season is upon usmust and in addition to the regular paperwork, parents can opt to fill out a new form this year ...

If you're ready to file your 2025 income taxes (and receive your potential tax refund) early, here is the information and ...

Contributions from friends, family members, and others will be capped annually at $5,000. Employers can contribute up to ...

Discover the key assumptions of accounting postulates and their role in shaping accounting standards, including revenue ...

Discover the fundamentals of Medical Savings Accounts, their historical evolution, types, and how they compare to Health ...

The day after Donald Trump defeated Kamala Harris in November 2024 was a somber one for most Democrats. But life goes on, and Democratic Gov. Michelle Lujan Grisham, a surrogate for Harris’ ...

A Go Fund Me account has been established to assist with the medical expenses of Leibel Lazaroff, the son of the Texas A&M Jewish center rabbi who was shot by terrorists in Australia on the opening ...

The Securities Appellate Tribunal (SAT) on Friday (December 19) cleared key hurdles for Avadhut Sathe Trading Academy Pvt Ltd (ASTAPL), allowing the academy’s operations to continue after expressing ...