Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...

As of the latest, Vedanta delivered a 62.5% return over the past year. Over the last six months, the share price of Vedanta ...

The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.

The Treasury Department and IRS have released multiple guidance documents over the past year, yet none of these constitute ...

(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible taxpayers fail to take advantage of the tax break each year. The Earned ...

In a general procedure hearing that was later moved under the informal procedure rules and rendered on December 17, 2024, the ...

The MSME sector have pinned high hopes on the Union Budget FY 2025-26 documents and are keeping their fingers crossed regarding their expectations from the government's most important financial ...

A tax credit directly reduces your tax liability on a dollar-for-dollar basis. This makes it a better option than a tax deduction, which simply lowers your taxable income. In some cases ...

You can withdraw money from the TFSA at any time, for any reason, with no tax consequences, and without affecting your eligibility for federal income-tested benefits and credits. You can use My ...

The calculator will automatically show your GST liability and input tax credit amount Step 4: Use this information to file accurate GST returns This tool not only saves you time but also reduces ...