IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...

The GST 2.0 reforms aimed to simplify the system with fewer tax slabs, however businesses continue to face challenges in ...

US workers can expect to receive a W-2 form by the first week of February. The form details your total earnings from the ...

If you’re self-employed, you’ll want to be sure the tax software you choose can handle the complexities of multiple 1099s, quarterly taxes and key business deductions. We tested and scored major ...

To find out if you’re on track to reach your financial goals, review your current portfolio balance, combined with your ...

This explains when ITC becomes ineligible under Section 17(5)(h) due to expiry or destruction of goods. The key takeaway is that ITC reversal is mandatory and ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

GSTN will soon enforce system-level blocking if ITC reclaimed or RCM ITC exceeds ledger balances. Key takeaway: taxpayers must reconcile ledgers to avoid filing ...

• The Justice Department dropped more files related to the investigation into Jeffrey Epstein. • President Donald Trump’s name appeared in the latest file drop. Authorities have not accused Trump of ...

WASHINGTON — The Justice Department has released thousands of pages of records tied to its investigation into Jeffrey Epstein, following a new federal law requiring the government to make public what ...