Learn how taxes on interest income work, how to report it on your taxes, and which interest income is taxable. Get the full ...

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.

GAAP operating loss in the fourth quarter of 2024 was $12.4 million compared to operating income of $3.9 million in the fourth quarter of 2023. Non-GAAP operating loss was $6.7 million in the fourth ...

High-yield investments like BDCs, MLPs, CEFs, and REITs offer substantial dividend yields. Read why investors must consider ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

The directive provided for the reduction of all tax liabilities for the calendar year 2024, including any special levies accruing to the Special Education Fund, on property, machinery and ...

75,000 Taxable Income (after deductions): 11,99,550 With these deductions, your net taxable income falls below ₹12 lakh, making you eligible for zero tax liability under the new regime.

ITR filing 2025: The Income Tax Bill 2025 has reportedly tweaked the taxpayers’ ability to claim refunds on their Income Tax Returns (ITR) if filed after the due date. According to reports, the ...

ASIA United Bank Corp. (AUB) saw its consolidated net income increase by 36% year on year to P11.3 billion in 2024, mainly driven by double-digit loan growth. This translated to a return on equity of ...

Lumagui Jr. reports that after a successful large-scale raid against illicit cigarettes in Bulacan and Valenzuela last November 6, 2024, the BIR has filed a tax evasion case against the culprits ...

When it comes to taxes, the rules on income, deductions and credits are complicated enough. Then comes the guesswork about tax preparation: How much should someone pay for tax-prep software or ...

The deadline for income tax return submission, after being extended three times, ended today and will not be extended further this year, the National Board of Revenue (NBR) has announced.