The Best States for Small Business Tax Breaks—Is Yours on the List?
Fact checked by Yarilet Perez Running a successful business requires navigating a complex labyrinth of federal, state, and ...
Income Tax Bill: ICAI submits suggestions to Parliament Select Committee
CA Institute advocates for simplification of Income Tax Bill 2025, proposes reduction in sections, and seeks participation in ...
Personal loan: When can you claim tax benefits against interest paid on loan?
Personal loans usually do not give any income tax benefits unless a few exceptions which include spending money on house ...
From PPF to SSY: Top 5 Post Office Savings Schemes with income tax benefits under Section 80C
Post Office Savings Schemes in India offer secure investment options with assured returns and tax benefits under Section 80C ...
Income Tax Bill: ‘No warrant, no notice, this is surveillance’, Cong slams govt on 'unrestricted access' to emails, social media posts
The Congress claimed on Thursday that the provision under the new income tax law would allow tax officials to gain access to ...
Some small businesses want tax reform as Trump's Tax Cuts and Jobs Act expires in 2025
Businesses like Chicago's Momentum Coffee recently traveled to Washington, D.C., to meet with members of Congress over tax ...
China Daily20h
Income tax reform boosts social fairness
Last year, the third plenary session of the 20th Central Committee of the Communist Party of China proposed to improve the ...
24/7 Wall St. on MSN57m
I make over $200,000 a month but pay basically nothing in salary taxes
Business shareholders who receive K-1 profit sharing income but no salary still pay income tax, often beyond what politicians ...
Tax department's compliance nudge results in 30,161 taxpayers declaring foreign assets worth Rs 29,000 crore
The declarations came as part of the Central Board of Direct Taxes’ (CBDT) Compliance-Cum-Awareness Campaign, aimed at encouraging voluntary disclosures of offshore wealth and income.
ABP Live on MSN16h
Privacy A Thing Of The Past? Tax Officers Could Now Get Full Access To Digital Records. See What The Bill Proposes
The new norms of the Income Tax Bill, 2025 expand the authority of tax officers and allow them to gain access to 'virtual ...
CNET on MSN3h
A Tax Expert's Warning: Don't Make This Costly Mistake if You Receive a 1099-K
You'll receive a 1099-K form if you use a third-party payment service, such as PayPal, Venmo or CashApp, to receive freelance ...
Tax Guru16h
Interest & Other Income Attributable to Business eligible for Section 80P(2)(a)(i) Deduction
1. Whether the Tribunal was justified in law in holding that the interest income from bank deposits is not business income but is income from other sources and consequently denied the appellant ...